Samson Investment Co. is among the largest privately owned
exploration and production companies in the oil and gas
industry.
Headquartered in Tulsa, OK, the 600-employee company explores in
18 states of the United States, plus Canada, Russia, and Venezuela.
In 2000, the company closed more than $300 million in acquisitions
and invested $150 million in exploration and development.
The problem
A Business Continuity Plan is a company's "life insurance"-an
investment in the long-term viability of the organization. Samson
Investments, which has a history of progressive, forward-looking
initiatives, decided to invest in its future.
So it turned to StoneHenge Partners.
The solution
StoneHenge Partners developed Samson's Business Continuity Plan,
which included development of 32 departmental recovery plans and a
Disaster Recovery Plan for Samson's Information Systems &
Technology area.
We customized our proprietary BCP methodology and Business
Impact Analysis to meet Samson's specific needs and developed a BCP
repository to maintain the BCP plans.
The result
Samson now has a BCP process it can follow in case of a disaster
to recover critical business functions and Information Systems
& Technology Systems to support those critical functions. If a
disaster occurs, Samson will know:
- Where to meet
- What is to be recovered
- Equipment
- Hardware
- Business critical function requirements
- Sequence of recovery
- Timeframes for recovery
- Personnel required to recover
- Offsite requirements
- Vital records needs