Last checked at 24 Oct 2013 07:00
GETECH Group plc
("Getech" or the "Company")
Substantial sale of data products
GETECH, the oil services business specialising in the provision of exploration data and geological exploration studies, announces a further sale from its global data library.
The Company is pleased to announce that it has signed a licence agreement for gravity and magnetic data products which will generate gross income of $864k. Delivery is scheduled to be within the next three months.
Getech's Chief Executive, Raymond Wolfson, commented, "Sales from our global data library continue to be a major part of our business. The gravity and magnetic datasets generate direct income for the Company. However, they are also the foundation for much of our value-added work and therefore underpin a large part of our other business."
Enquiries
GETECH Group plc Raymond Wolfson, Chief Executive
| Tel: 0113 322 2200 |
WH Ireland Limited Katy Mitchell | Tel: 0161 832 2174
|
Walbrook PR Helen Westaway | Tel: 020 7933 8790 Mob: 07841 917 679 helen.westaway@walbrookpr.com |