Business
Further Iraq Data Sales
Further Iraq Data Sales.
About this update from Getech Group Plc
[{"type":"text","content":"\n \nRNS Number : 3132M GETECH Group plc 15 August 2011 \n \n\n \nGETECH Group plc\n(\"GETECH\", \"Company\" or \"Group\")\nFURTHER IRAQ DATA SALE\nGETECH, the oil services business specialising in the provision of exploration data and petroleum systems studies and evaluations, is pleased to announce a further sale of the Iraq aeromagnetic dataset, following the signing of an exclusive marketing agreement with the Geological Survey of Iraq in December 2010 (RNS 20 Dec 2010).\nThe Company announced its first sale of the full aeromagnetic dataset in July 2011, and is now pleased to report a further sale of the same dataset at the start of August 2011 with gross revenue as before in excess of $500,000.\nProfessor Derek Fairhead, President and Founder of GETECH, commented \"This provides further evidence of the strength of interest in exploration in Iraq. We believe that the upcoming 4th licence round in Iraq, which involves 12 exploration blocks and for which 41 companies are reported to have been pre-qualified, will generate further interest in these datasets in whole or in part.\"\nEnquiries\n \n\n\n\n\nGETECH Group plc\nRaymond Wolfson, Chief Executive\n \n\n\nTel: 0113 322 2200\n\n\n\n\nWH Ireland Limited\nKaty Mitchell\n\n\nTel: 0161 832 2174\n \n \n\n\n\n\nWalbrook PR\nHelen Westaway\n\n\nTel: 020 7933 8790\[email protected]\n\n\n\n\n \n\n\n \n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END NRAEASPAFEAFEFF \n ","length":2923,"tagName":"div"}]