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ViaLogy, a service provider to global oil and gas exploration and production companies, has completed a key demonstration project of it QuantumRD technology under contract with Chevron. QuantumRD was able to discern porosity, a key rock property in locating and identifying hydrocarbon deposits, wher
Read moreViaLogy, a service provider to global oil and gas exploration and production companies, has boosted its working capital after raising funds through a placing of 100m shares. The company has raised £1.05m after the shares were placed with existing and new investors at 1.05p each, a 0.45p discount to
Read moreShares of ViaLogy surged 33% after it said substantial progress has been made in consolidating relationships with major oil and gas exploration companies on three continents during the last quarter of 2011. In Asia, a contract with a national oil company is waiting government approval to transfer
Read moreStocks were on the back foot heading into the weekend amid continuing worries over global growth. Data showing consumer confidence has risen for the first time in four months failed to lighten the mood. The index of sentiment remained firmly negative in September at -30, up a point from the previo
Read more"The prize will be worth the effort," were the words of troubled ViaLogy's chairman, but it appears they fell on deaf ears on Friday as the share price fell more than 18%. Shareholders were clearly more concerned to see that pre-tax losses for the company, which provides sensor technology used in
Read moreVialogy, which provides sensor technology used in the oil and gas industry, posted a bigger loss in the six months to 30 September, as the company took a £1.59m hit for amortisation and depreciation. Pre-tax losses grew to £3.37m from £2.80m over the same period the previous year as revenues rose t
Read moreShares in Sagentia moved higher after the technology and product development consultant said profits for the full year will be ahead of previous expectations following a better than expected summer. 'Consultant utilisation has remained high over the summer contrary to the anticipated seasonal slo
Read moreA strong start on Wall Street ensured Footsie finished with good gains having started the day on a strong footing. US shares moved ahead including housebuilder and economic bellwether Lennar, which beat profit forecasts. Part-nationalised banking giant Lloyds Banking held up well after it was ann
Read moreStocks gave up a proportion of their gains over the lunch time session despite expectations of a firm start on Wall Street. Part-nationalised banking giant Lloyds Banking is holding up well after it was announced that chief executive Eric Daniels is to retire in a year's time. The move was not unex
Read moreInvestors are in an optimistic frame of mind ahead of the Federal Reserve's Federal Open Market Committee (FOMC) meeting tomorrow. The 'glass half full' crowd are expecting the FOMC to announce further measures to revitalise the global economy. Barely a dozen Footsie constituents are in the red, an
Read moreViaLogy, a developer of sensor network technology used in the oil and gas industry, is looking to pick up the pace of revenue growth with the addition of some 'A list' clients this year. The company saw revenue in the year to 31 March 2010 grow to $0.15m from $0.13m the year before, but "with multi
Read moreLONDON (Dow Jones)--ViaLogy PLC (VIY.LN), A signal processing solutions company, Thursday announces that it has delivered recommended well drilling locations, positioned using its proprietary QuantumRD technology, to two clients that plan to commence drilling on the sites in the coming weeks. MA
Read moreRobert Dean, the chief executive of network based real-time signal processing platform developer ViaLogy said the company's QuantumRD technology proved itself in 2009. "We have successfully completed a significant number of QuantumRD wells, and, very significantly, our retrospective analysis showe
Read moreShares in network based real-time signal processing platform developer ViaLogy were in demand after the company signed a contract with the North American arm of Italian power company Enel Group. Enel North America has tasked ViaLogy with extending ViaLogy’s QuantumRD sub-surface detection technolog
Read moreShares in ViaLogy jumped on news that it has signed a deal with one of the largest privately held exploration and production companies in America to provide its QuantumRD services. ViaLogy, which develops Internet Protocol (IP) based sensor networks, did not comment on the financial details of the
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