Eastern Echo Company News

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Schlumberger Completes Offer for Eastern Echo
The completion of the share settlement for 145.2 million Eastern shares tendered under the offer has resulted in Schlumberger now holding 241.6 million Eastern shares.
7:00 PM EST | December 10, 2007
Schlumberger Completes Offer for Eastern Echo
Schlumberger BV has completed its due diligence review of Eastern Echo Holding.
7:00 PM EST | December 05, 2007
Dubai Drydocks to Build Two Seismic Vessels for Eastern Echo
Eastern Echo Holding has signed the shipbuilding contracts with Dubai Drydocks and the design and equipment contracts with Ulstein Design AS, for two seismic vessels, each capable of towing up to 12 streamers.
7:00 PM EST | December 05, 2007
Schlumberger Closes Offer for Eastern Echo
Schlumberger says that its offer dated November 16, 2007 to acquire all shares and convertible bonds in Eastern Echo has expired and is no longer open for acceptance by Eastern shareholders and bondholders.
7:00 PM EST | November 25, 2007
CGGVeritas to Dispose of its Minority Interest in Eastern Echo
CGGVeritas has decided to tender its 30.9 million shares of Eastern Echo Holding to Schlumberger.
7:00 PM EST | November 22, 2007
Schlumberger Makes New Offer for Remaining Eastern Echo Shares
Schlumberger has made a new offer to acquire all outstanding shares, convertible bonds and warrants in Eastern Echo.
7:00 PM EST | November 15, 2007
CGGVeritas Acquires Minority Interest in Eastern Echo
CGGVeritas has acquired 30.9 million shares of Eastern Echo for a total consideration of approximately NOK 431 million.
7:00 PM EST | November 11, 2007
Eastern Echo Pleased with CGGVeritas Offer
Eastern Echo is very pleased with the initiative made by CGG Veritas and to observe that two of the major players in the seismic industry are expressing such an interest in Eastern Echo.
7:00 PM EST | November 11, 2007
Schlumberger Reaffirms Offer for Eastern Echo
Schlumberger reaffirms offer for the shares, convertibles and warrants in Eastern Echo and simplifies acceptance terms.
7:00 PM EST | November 07, 2007
Schlumberger Increases Interest in Echo to 89.3%
Schlumberger has purchased additional convertible bonds, representing 0.6% of the issued Echo shares bringing Schlumberger's control to a total of 89.3%.
7:00 PM EST | November 06, 2007
Schlumberger BV Makes Cash Offer to Eastern Echo
Schlumberger BV has made a cash offer for outstanding shares, convertibles and warrants of Eastern Echo Holding.
7:00 PM EST | November 05, 2007
Eastern Echo Completes Successful Offering
Eastern Echo has completed a share offering with the issue of 86,000,000 new shares at NOK 7.60 per share in connection with the listing of the company's shares at Oslo Axess.
8:00 PM EST | October 30, 2007
Odim Wins NOK 160 Million Equipment Contract from Eastern Echo
ODIM was awarded a contract for automated handling solutions on vessels conducting three-dimensional seismic surveys by Eastern Echo, worth NOK 160 million.
8:00 PM EST | September 24, 2007
Eastern Echo to Build Four 10-Streamer Seismic Vessels
Eastern Echo has signed a deal to build four Ulstein Design seismic research vessels. The vessels will be built at Hijos de J. Barreras, S.A. in Vigo, Spain.
8:00 PM EST | June 04, 2007
Odim Wins Contract from Eastern Echo
Odim ASA has been awarded a contract worth NOK 200 million by the seismic company Eastern Echo of Dubai for an extensive delivery of automated handling systems for 3D seismic.
8:00 PM EST | March 19, 2007