Statoil contract signed - the future looks very bright

The AIM quoted marine seismic operations business has confirmed that the final contract between its WGP subsidiary and Statoil ASA (STL:OSL) has been executed. This follows the announcement on 27th February 2013 of a letter of intent with Statoil 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