Getech Grp Regulatory News (GTC)

15 Sep 2006 16:11

GETECH Group plc15 September 2006 GETECH Group plc15 September 2006 GETECH Group plc Re:Directorate The board of GETECH, the oil services business specializing in the compilationand analysis of gravity and magnetic data, is pleased to announce theappointment of Dr Paul Markwick as the head of the Petroleum Systems EvaluationGroup ("PSEG"). PSEG provides oil companies with detailed insights into whereoil and gas are likely to be found within sedimentary basins. Paul has 20 years professional experience, beginning at BP in the mid 1980's andwas previously with Fugro-Robertson as a petroleum geologist, where he wasinvolved for seven years with several high-profile studies. Paul hasconsiderable global experience, specializing in the tectonic and geology ofAfrica, South East Asia, Australia and Antarctica. He is also a leading expertin the application of climate and ocean models to frontier exploration, and hasan international reputation in global palaeogeography. Dr John Jacques, the previous head of the PSEG has left the business. The Company will release its preliminary results at the end of October and looksforward to updating the market of the progress of the business at this time. -End- For further information: Kelly-Ann French/Alastair WatsonBuchanan Communications 01943 883990 Rob NaylorTeather & Greenwood 020 7426 9000 Notes to Editors GETECH evolved in the mid-1980's from a Research Group headed by Professor DerekFairhead within the Department of Earth Sciences at the University of Leeds(UK), where the Company is still located today. In 2000, GETECH was spun outfrom the University as a separate company. On September 23 2005, the Company listed on the AIM market of the London StockExchange, raising just over £3 million via an institutional Placing. GETECH hasa subsidiary in Houston, Texas and an active presence in Singapore. This information is provided by RNS The company news service from the London Stock Exchange