CMG News

CMG Announces an Officer Change

CALGARY, AB / ACCESSWIRE / March 14, 2023 / Computer Modelling Group Ltd. ("CMG" or the "Company") (TSX:CMG) is announcing the departure of Jason C. Close as Vice President, Product and Platform, effective immediately.

CMG Announces the Acquisition of Early-Stage AI-Based Data Analytics Technology for Maximizing Asset Valuation and Production Performance of Shale Reservoirs

CALGARY, Alberta, February 16, 2023 (Accesswire) - Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is announcing its entry into data analytics with the acquisition of patented AI-based data analytics technology targeting the development and optimization of shale reservoirs from Unconventional Subsurface Integration LLC.

CEO Letter to Shareholders

CMG Chief Executive Officer, Pramod JainFebruary 8, 2023


Dear fellow shareholders,

In the third quarter, our comparative quarterly revenue grew by 14% which represents the fifth consecutive period of growth.

Computer Modelling Group Declares Quarterly Dividend

CALGARY, Alberta, February 8, 2023 – The Board of Directors of Computer Modelling Group Ltd. (“CMG” or the “Company”) announces a dividend of $0.05 per Common Share on CMG’s Common Shares. The dividend will be paid on March 15, 2023 to shareholders of record at the close of business on March 7, 2023.

CMG, McDaniel and Hatch Announce Strategic Agreement to Deliver Comprehensive Industry-Leading Solution for Carbon Capture and Storage

CALGARY, Alberta, January 19, 2023 (Accesswire) - Computer Modelling Group Ltd. (“CMG”) (TSX: CMG), McDaniel & Associates Consultants Ltd. and Hatch Ltd. are pleased to announce that they have entered into a strategic agreement to deliver a comprehensive, end-to-end solution for the planning and execution of carbon capture and storage (CCS) projects globally.

With the global presence and expertise of the three companies, this collaboration provides a streamlined, expert advisory and technology solution that supports the full scope of CCS projects including feasibility, subsurface modelling, regulatory, and surface facility planning and execution. 

CMG expands focus to deliver integrated energy transition solutions

CALGARY, Alberta, November 17, 2022 - Computer Modelling Group Ltd. (“CMG”, “Company”), a global leader in simulation technology for the energy industry, today elaborates on their strategic commitment to energy transition solutions.

“As energy companies transition to a more diverse energy mix and invest in new technologies, they are increasingly relying on technology to drive strategic decisions,” said Pramod Jain, Chief Executive Officer. “We are committed to supporting our customers to meet global CO2 reduction goals safely and cost effectively through research initiatives, driving new product innovation and enhancing our consulting services for a cleaner, sustainable future.”