GETECH Group plc
04 March 2008
GETECH Group plc (the 'Company')
4 March 2008
Contract
GETECH Group plc ('GETECH' or 'the Company'), the oil services business
specialising in the provision of exploration data and petroleum systems
evaluations, is pleased to announce an agreement to enable it to market a new
Russian Arctic environmental baseline study.
This study has been developed from geochemical sea-bed data and is important in
that it enables oil companies to establish the current environmental state in
areas of interest to them prior to any exploration and extraction. It will allow
them to demonstrate the environmental impact of their activities and take action
to minimize it.
This new agreement represents one of several Arctic oil exploration products
currently under discussion with our Russian partners.
Enquiries:
GETECH Group plc www.getech.com
Derek Fairhead, Executive Chairman 0113 322 2200
Raymond Wolfson, Chief Executive Officer
Landsbanki Securities (UK) Limited 020 7426 9000
Thilo Hoffmann
Sebastian Jones
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