Offshore West Africa seismic contract anticipated

Reservoir Exploration Technology ASA and Delta Plus Ltd. (DP) expect to sign a $180 million contract with Mobil Producing Nigeria to conduct an OBC seismic survey over 28 months.
May 8, 2007
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Offshore staff

OSLO, Norway --Reservoir Exploration Technology ASA and Delta Plus Ltd. (DP) expect to sign a $180 million contract with Mobil Producing Nigeria to conduct an OBC seismic survey over 28 months.

Under the proposal, RXT/DP will acquire 4C and 2C ocean bottom cable seismic data over several producing fields offshore West Africa starting in 2Q 2007.

RXT/DP plan to use theOcean Pearl plus a second vessel for cable handling.

5/8/2007

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