EMPS Wins Seismic Contract in Kazakhstan



EMPS Corporationhas been awarded contracts to provide geophysical services, data acquisition and interpretation services to several oil and gas exploration companies, including KazMunayGaz JSC NK, Kazneftekhim LLP and EmirOil LLP. The contracts call for services to be provided through the end of 2005.

"We are pleased to announce the award of multiple contracts to our subsidiary, TatArka, LLP, and our 50% equity investee, Kazmorgeophysica CJSC, totaling more than $13,000,000," said Mirgali Kunayev, CEO of EMPS Corporation. "With increased oil and gas exploration in the Caspian Sea region, we are experiencing a corresponding increase in demand for seismic data acquisition and interpretation services." In addition to contracts already awarded, Mr. Kunayev indicated that TatArka and Kazmorgeophysica intend to participate in several upcoming bids for additional contracts.

RELATED COMPANIES