Carbon Sequestration Software
Great write up by CMG on the need and potential for carbon sequestration simulation software:
https://www.digitaljournal.com/business/carbon-sequestration-requires-a-new-set-of-models-and-thats-getting-serious-c-suite-attention/article
I was at an energy conference in New York in April, and the need for such solution was very acute. The O&G industry is perfectly positioned to develop CCUS, and CMG already has a large customer base in the space to capitalize on this emerging industry. And with IRA turbo charging carbon capture south the border, we should start seeing CMG’s transition related revenue growth accelerate materially. Not to mention, with energy prices where they, their core business is also humming along nicely.