Marine CSEM contract awards


 

TIDMOHM 
 
RNS Number : 3067J 
Offshore Hydrocarbon Mapping PLC 
29 March 2010 
 

 
 
 
 
 
 
 
PRESS RELEASE 
 
29 March 2010 
                    Offshore Hydrocarbon Mapping plc ("OHM") 
 
      Award of Marine CSEM contracts for customers in India; combined value 
                          approximately US$ 6 million 
 
Offshore Hydrocarbon Mapping plc (AIM:OHM), is pleased to announce that it has 
been awarded two contracts for the supply of marine electromagnetic surveys for 
clients in India, with a combined value of approximately US$6 million. The OHM 
Leader, a state-of-the-art vessel for conducting safe and reliable CSEM 
operations, is currently being mobilised for the surveys with the first due to 
start in April. 
 
Richard Cooper, Chief Executive Officer of Offshore Hydrocarbon Mapping 
commented: 
 
"This will be the first deployment in India for OHM's unique WISE product which 
integrates CSEM with a range of other geophysical data. Our clients for these 
surveys are experienced and sophisticated CSEM users and our leading 
capabilities in such data integration were a major factor in their decision to 
choose OHM for this work. 
 
OHM has pioneered the use of CSEM within an integrated seismic interpretation 
framework using our WISE products; as a result we are seeing renewed interest in 
using CSEM for both exploration and exploitation applications." 
 
 
 
+--------------------------------------+--------------------------------------+ 
| Offshore Hydrocarbon Mapping plc     | www.ohmsurveys.com                   | 
+--------------------------------------+--------------------------------------+ 
| Richard Cooper - Chief Executive     | 0870 429 6581                        | 
| Officer                              |                                      | 
+--------------------------------------+--------------------------------------+ 
| Bob Auckland - Finance Director      | 0870 429 6581                        | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| KBC Peel Hunt (NOMAD and Broker)     |                                      | 
+--------------------------------------+--------------------------------------+ 
| Julian Blunt/David Anderson          | 020 7418 8900                        | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| Aquila Financial Ltd (PR)            |                                      | 
+--------------------------------------+--------------------------------------+ 
| Peter Reilly                         | 07881 920542                         | 
+--------------------------------------+--------------------------------------+ 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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