No. 1 HOILF Potential Driver Indicator - Major News Monday
OilEx Live Pilot Initiates Internal Market Testing
VANCOUVER, British Columbia, March 29, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) is pleased to announce that its OilEx Platform is now live for market testing.
Ahead of the execution of live pilot transactions for selected hydrocarbon producers and purchasers, targeted for the end of Q2 2021, the Company is leveraging its robust solution development progress into live market testing with senior advisers and prospective users. To ensure vigorous testing of the Platform by all participants in the hydrocarbon value chain, testing will be open to oil trading veterans, industry experts, independent producers, purchasers and brokers.
The limited release of the OilEx Platform includes five core functions of the platform:
- purchaser and producer profiles supporting effective transactions based on transparency and trust;
- an efficient listing process of transaction offers by purchasers or independent producers, including rich offer data;
- an interactive map enabling a visual representation of market data to support discovery of attractive transaction opportunities;
- a secure end-to-end encrypted communication channel between prospective purchasers and sellers supporting transaction negotiations; and
- a robust document exchange and storage function to transform the current paper trail for transactions into a structured deal document vault.
The testing will be conducted using simulated data, including crude oil type, assay, output capacity, price index and other key variable, and will be coupled with search and sorting functions. Deal terms and live chat communications will be interfaced side-by-side with executed documents for accurate and timely transaction context. Deployed to be accessible as a live solution and as an application in a cloud environment, this product version will be refined by industry critique and analyses, to improve the efficiency and integration of the platform interfaces, providing intuitive ease of use of familiar transactional requirements and features.
The live testing process will enable the Company to generate critical insights into user needs and industry requirements on a transaction specific level, building on the Company’s market research and network of industry experience. The testing and subsequent feedback are critical steps to ensure product-market-fit, reduce delivery risk, and deliver the highest possible value add to Platform users. By conducting live testing with market participants, the Company will be able to ensure a better product-market fit and will also expand a network of potential clients and users.
With this milestone, the limited release OilEx Platform has gone live ahead of schedule and the testing will further accelerate time to market for the full Platform launch.
"Bringing a product live and into the hands of real users is a critical milestone for any digital solutions company. It is superb to see our team reaching this point in such a short time, delivering for live testing a complete and robust system with significant growth potential," said Florian M Spiegl, Hunter’s Chief Executive Officer.
On completion of the live testing, the Hunter product and technology teams will continue agile development of the OilEx Platform, working toward the private beta release of the Platform by mid-year and targeting initial revenue generation.
Read the full article here.
No. 2 HOILF Potential Driver Indicator - FinFabrik Assets Help Accelerate OilEx And OilExchange Development
Hunter Technology Capitalizing On FinFabrik Assets
VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) is pleased to provide an update on the integration and development of its FinFabrik core assets.
On December 31, 2020, Hunter acquired 100% of the issued and outstanding shares of FinFabrik Limited of Hong Kong for consideration of USD $11,149,182, paid in cash and common shares of Hunter, for the purpose of utilizing FinFabrik assets to accelerate the development to commercialization of its OilEx and OilExchange platforms. For additional information regarding FinFabrik or the transaction, please see Hunter’s news release dated December 14, 2020, which is available on SEDAR at www.SEDAR.com.
FinFabrik's assets included three robust core technology platforms designed for institutions and industry professionals:
- CrossPool - a security token platform designed for financial institutions to digitally structure, issue, transact and manage assets. Built on a proprietary DLT infrastructure, CrossPool combines r3 Corda and Hyperledger Indy. Key features for institutions include client onboarding and digital identity management, asset issuance (token creation), publishing and transaction execution.
- XP Invest - an online trading platform tailored for use by token issuers, XP Invest was designed to allow investors to utilize their bitcoin holdings to access global markets including equities (Nasdaq 100) and commodities (oil, coffee). The platform is intended for sophisticated users, offering advanced front-end trading functionalities with extensive risk management and position hedging capabilities on the back-end. Key features include live price feed and quote of synthetic pairs, price charts, order books, liquidity ladders, order capture, pre-trade checks and position keeping.
- CryptoFabrik - a cryptocurrency brokerage platform that was tailored for White Label usage by institutions and professionals for cryptocurrency trading. CryptoFabrik was designed to aggregate liquidity across multiple exchanges and ensures best execution of trades by utilizing smart order routing and execution algorithms. Key trading functionality includes comprehensive price charts for technical analysis, balances and buying power management, aggregated order books and deep market liquidity ladders, order pad with predicted algorithmic execution price, smart order routing and execution, order status management and trade history reporting.
In addition to developing and deploying Hunter’s OilEx and OilExchange platforms, the Company is continuing its efforts to refine and market the FinFabrik CrossPool, XP Invest and CryptoFabrik products.
"In addition to the excitement surrounding the development progress for OilEx and OilExchange, we are actively expanding the growth potential in the current market environment for the platforms historically developed by FinFabrik. These platforms are targeted at financial institutions and professional users," said Florian M. Spiegl, Hunter’s Chief Executive Officer.
Read the full article here.
No. 3 HOILF Potential Driver Indicator - More Launch News
Hunter Technology Moves Into Big Data With OilExchange
VANCOUVER, British Columbia, Feb. 15, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) is pleased to report that it is on track to launch a pilot service for selected customers, including governments, sovereign wealth funds, environmental agencies, regulators and self-regulatory organizations (“Users”), in Q3 2021.
The Company is developing its end-to-end service utilizing a proprietary blockchain-based modular software platform to supply Users with immutable data intelligence on the full lifecycle of the crude oil supply chain from reserve management through wellhead production, storage, transhipment, export and/or domestic consumption. Standardized, unchallengeable records will be held in a fully customisable reporting cloud using blockchain technology, supporting Users to report, monitor, trace and track the full hydrocarbon lifecycle from production source to ultimate destination.
The Supply Chain Intelligence service will be provided under the brand “OilExchange” (www.oilexchange.com). It is being designed to furnish its users with a full suite of data via exchange including analytics tools to structure and analyze raw data. Users will be able to monitor and analyze key performance indicators (KPI) and metrics through user-friendly visual dashboards.
By tracking the origin, transhipment and processing of the produced goods and the environmental, social and governance (ESG) compliance during the life cycle of hydrocarbons, as well as government royalty or tax payments and customs clearance, Users will have a real-time view of their hydrocarbon supply chain. In addition, the data sharing between Users through a secure and trusted platform will allow all stakeholders to enhance their information management practices. This in turn will allow for a greater utilization of existing reserves and reduce the need to expand drilling footprints, ultimately having a positive effect though a reduced carbon footprint as producers transition towards a more environmentally and ethically responsible ecosystem.
By allowing Users to derive insights about the economic and environmental viability and responsibility of Exploration & Production (E&P) companies, OilExchange can incentivise operators to consider developing and reworking economically viable legacy brownfields (as an alternative to greenfield production), capitalizing on the shifting investor appetite towards more socially and environmentally considerate operations. Upon completion of the Pilot service, the Company intends to enter into formal agreements with Users.
“Hunter with its technology platform and Integration capabilities will support the hydrocarbons industry in its drive to digitalize its operations, increase trust and transparency between its stakeholders, and meet its regulatory requirements,” said Alex Medana, Hunter’s Chief Executive Officer.
Read the full article here.
No. 4 HOILF Potential Driver Indicator - New CEO Appointed
News Release - Hunter Technology Appoints CEO
VANCOUVER, British Columbia , Jan. 25, 2021 (GLOBE NEWSWIRE) -- Hunter Technology Corp. (TSX-V: HOC; OTCQB: HOILF; WKN: A2QEYH, FSE: RWPM, ISIN: CA4457371090) (“Hunter” or the “Company”) is pleased to announce that it has appointed Mr. Alex Medana as the Company's Chief Executive Officer.
Following on the Company’s successful transition and financing, the Company is pleased to pass leadership to a new generation. “The alignment of business models is a significant accomplishment that fits with Hunter’s visions and goals to transform the physical oil trading, procurement and logistics industries,” said Andrew Hromyk, the Company’s former CEO. Mr. Hromyk will remain in his position on the Company’s Board of Directors.
Alex Medana is a seasoned executive with significant experience in capital markets and the technology industry, and was one of the founders of the Company’s recent acquisition, FinFabrik Limited. Prior to FinFabrik, he spent 17 years in global tier-1 institutions including Merrill Lynch, Kleinwort Wasserstein, and Deutsche Bank, with executive positions in equities and equity derivatives trading business units in Europe and APAC. Mr. Medana has been an entrepreneur and angel investor since 2015, advocating technology-driven innovation towards more user-focused financial services and broader participation. Mr. Medana is a founding board member of the FinTech Association of Hong Kong and has been recognized as a top FinTech and blockchain influencer in Asia.
“I am thrilled to leverage the solid foundation established by the existing Hunter team in creating the OilEx platform combined with our existing capabilities,” said Alex Medana. “Our primary focus now will be to bring the platform to beta stage and develop our sales and marketing team to enter the market.”
Read the full article here.
HOILF Recap - Top 4 Potential Driver Indicators
#1. Major News Monday
#2. FinFabrik Assets Help Accelerate OilEx And OilExchange Development
#3. More Launch News
#4. New CEO Appointed
Coverage is officially initiated on HOILF. When you have a second, do this: