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Novi Labs Announces the Acquisition of ShaleProfile

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Provides highest quality data to power Novi’s industry leading machine learning models

Press Release

Jan 19, 2022 07:00 EST

Novi Labs, the AI company for energy investing, announces the acquisition of ShaleProfile, the energy data analytics provider. ShaleProfile will provide the highest quality production and completion data for Novi’s self-service machine learning platform. This enables the most accurate economic forecasts that drive the highest quality investment decisions. The transaction closed on Dec. 29, 2021. ShaleProfile B.V. is now a fully owned subsidiary of Novi Labs, Inc.

Forward-looking operators and energy investors are leveraging AI-driven digital workflows to make higher-quality investment decisions. Novi’s AI platform replaces the current outdated methods for A&D evaluation, asset…

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