RXT after $16-million OBC contract off Nigeria

Reservoir Exploration Technology ASA and local partner Delta Plus Ltd. are concluding negotiations for a $16-million ocean bottom seismic program off Nigeria with an unnamed major oil company.
May 16, 2007
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Offshore staff

OSLO, Norway --Reservoir Exploration Technology ASA and local partner Delta Plus Ltd. are concluding negotiations for a $16-million ocean bottom seismic program off Nigeria with an unnamed major oil company.

If successful, the contract will cover a producing field and begin in 2Q 2007, before RXT's Mobil Producing Nigeria work.

5/16/2007

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