Paradigm Redefines Formation Evaluation with Geolog 7 at SPWLA

(AMSTERDAM: May 3, 2011)Paradigm™ (www.pdgm.com), will preview the next version of its leading formation evaluation solution, Paradigm Geolog

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7 at the2011 Society of Petrophysicists & Well Log Analysts (SPWLA) Annual Symposiumin Colorado Springs, Colorado, May 15 – 18. Conference attendees are invited to the Paradigm booth 223 for one-on-one demonstrations featuring the advances in Geolog 7.

Geologis the industry standard petrophysical analysis solution and system of choice for formation evaluation specialists. Geolog is based on Paradigm’s

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geological interpretation and model-building solutions, together offering the most comprehensive toolset for exploration and development geologists.

The preview of the upcoming Geolog 7 version will highlight some of the key advances in petrophysical analysis, well data management and geological interpretation, including:
• Complete interface redesign with easy user configuration and one click operation for routine tasks
• Drag & drop data loading greatly reducing the time taken to get the data you need where you want it
• Comprehensive audit trail
• New interactive core analysis module, including capillary pressure and saturation height modeling
• Interactive dip-azimuth walkout plots to help geologists analyze structural regimes

“Geolog 7 is the result of a thorough re-engineering of the Geolog suite, with the aim of making our powerful and efficient formation evaluation offering even more productive and easier to use,” said Richard Pelling, solution manager for formation evaluation at Paradigm. “By listening attentively to our global customer base, we have managed to take a leading solution and make it significantly better.”

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New core analysis module features a highly interactive graphical
workflow for rapidly loading,correcting and analyzing special
core analysis data for saturation height modeling and allows
seamless integration of these data with other petrophysical
measurements for more accurate reservoir characterization.

Geolog 7 will be available on both Windows and Linux platforms in the second half of 2011. With comprehensive integration with the Paradigm solution suite, Geolog leverages strong interpretation, calibration, modeling and mapping capabilities across many workflows.

At SPWLA, Paradigm staff will demonstrate a comprehensive uncertainty workflow that associates the new

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) for advanced reservoir volumetric uncertainty assessment. Additionally, the Geosteering module and its forward-modeling capabilities will also be showcased.

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About Paradigm™

Paradigm (www.pdgm.com) is the largest multi-national software company exclusively focused on the delivery of analytical and information management solutions for the discovery and extraction of subsurface natural resources. Serving the oil & gas and mining industries since 1987, Paradigm, with its 700 employees, operates globally via its 31 client service, technology and administrative facilities located in 27 countries.

The following are trademarks or registered trademarks of Paradigm Ltd. or of its subsidiaries (collectively, “Paradigm”): Paradigm™, Paradigm logo and/or other Paradigm products referenced herein. All other trademarks are owned by their respective owners.