Geospace secures rental contract for OBX stations

Oct. 2, 2014
Geospace Technologies Corp. has entered into an agreement with a major international seismic contractor to rent 4,000 stations of its cableless OBX ocean bottom nodal system.

Offshore staff

HOUSTON – Geospace Technologies Corp. (NASDAQ: GEOS) has entered into an agreement with a major international seismic contractor to rent 4,000 stations of its cableless OBX ocean bottom nodal system.

The contract term is for 180 days, and delivery of the OBX system is expected to occur in January 2015.

10/02/2014