Press release
Novus Consulting Announces Strategic Acquisition of Magnum Forge
Novus Acquires Magnum Forge Consulting 2.2.2026
Oklahoma City, OK - FEBRUARY 2, 2026 - Novus Consulting, a leading energy-focused consulting and technology firm, today announced the strategic acquisition of Magnum Forge, an established systems integrator and consulting firm specializing in software optimization, implementation, and integration services for upstream oil and gas companies.
The acquisition brings together two complementary firms with deep expertise in energy-focused consulting and technology services. It reflects strong and accelerating client demand for more integrated Field-to-Finance solutions that connect operational, financial, and data platforms. By bringing Magnum Forge into the Novus platform, Novus is scaling ahead of market demand to support larger and more complex technology programs. The combined firm now offers a more complete transformation platform - spanning Land, AFE, Production Accounting, and ERP - enabling Novus to deliver more integrated, end-to-end data and technology programs for energy companies.
"We are thrilled to welcome Magnum Forge to the Novus team," said Kate Stevenson, CEO of Novus. "Together, we are creating a differentiated offering for our clients that combines Magnum Forge's deep expertise in upstream financial systems with Novus's leadership in energy operations - enabling data management, digital solutions, and systems modernization to drive Field-to-Finance transformation for our clients."
Founded in 2008, Magnum Forge has built a strong reputation for helping upstream operators improve operational performance, reduce costs, and optimize their technology landscape by delivering tailored solutions that drive measurable outcomes. With the acquisition, Novus further strengthens its commitment to delivering deep industry expertise, vendor-neutral consulting, and exceptional client service across the energy ecosystem.
"Joining forces with Novus marks an exciting next chapter for Magnum Forge," said Russell Corl, Managing Partner of Magnum Forge. "Our teams share a common commitment to client success, industry knowledge, and a consultative approach to solving complex business challenges. Together, we are better positioned than ever to meet the rapidly growing demand from upstream operators for integrated financial, operational, and data-driven transformation."
Under the agreement, Magnum Forge's leadership and client teams will join Novus Consulting, maintaining continuity of service while benefiting from Novus's broader technology and strategic advisory resources. Clients can expect an enhanced set of offerings that combine proven implementation and optimization skills with Novus's deep expertise in data strategy, digital transformation, and enterprise integrations.
With this acquisition, Novus accelerates its growth as one of the energy industry's most comprehensive transformation partners - delivering integrated systems, data, and AI to drive faster, smarter business performance.
Learn more about how Novus is transforming energy through digital innovation at novusconsulting.com. [https://novusconsulting.com]
About Novus Consulting
Novus Consulting is a premier energy consultancy focused on delivering transformation strategy, data and AI enablement, systems modernization, and business process optimization. With hundreds of collective years of industry experience and a people-first approach, Novus helps energy organizations modernize technology, build digital solutions, integrate acquisitions, and unlock measurable business value from their data and systems.
About Magnum Forge
Magnum Forge is a Denver-based systems integrator and consulting firm dedicated to helping upstream oil and gas companies maximize the value of their software investments. From software assessments and implementation to optimization and acquisition integration, Magnum Forge provides tailored services that improve performance and drive sustainable return on technology.
Media Contact
Company Name: Novus
Contact Person: Drew Hopkins
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=novus-consulting-announces-strategic-acquisition-of-magnum-forge]
Phone: 405.315.6223
Address:9400 Broadway Extension Suite 410A
City: Oklahoma City
State: OK
Country: United States
Website: http://www.novusconsulting.com
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