RXT awarded OBC survey off Norway

Offshore staff

OSLO, Norway – Reservoir Exploration Technology (RXT) has won a contract from an international oil company to conduct an ocean-bottom cable survey offshore Norway.

This should last 116 days and will be acquired in two parts, starting in the current quarter, with completion due in 4Q 2012.

Estimated value of the contract is $24.5 million.

2/27/2012

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