IHS Inc. (NYSE: IHS) has purchased software company Fekete Associates for an undisclosed amount.

Calgary, Alberta-based Fekete provides management software and services to the oil and gas industry. The company aims to help customers find and develop new oil and gas reserves and optimize production from existing assets. Fekete’s software programs provide oil production and reserves analysis, asset management software, pressure analysis, shale gas development planning services and coal-bed methane-reservoir analysis. 

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