Tremendous news is “game changing development”

Having been a keen supporter of this company when the share price languished around the 25p level we are thrilled to comment on today's tremendous news! The AIM quoted marine seismic operations business has received and executed a letter of intent with Statoil ASA (STL:OSL), the giant Norwegian energy company listed on the Oslo and New York stock exchanges, to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the Norwegian sector of the North Sea. The initial contract value is in excess of US$50m with the potential for material extensions!