RXT Gets Environmental License for Brazil Seismic

Seismic company Reservoir Exploration Technology (RXT) has received notice of the issuance of the category 2 environmental license for operations related to the remaining programs in Brazil.

"This license being issued will now allow the RXT5 operation to begin acquiring data on the surveys under the previously announced Petrobras contract awarded in June 2008", comments Larry Wagner CEO for RXT. "This comes at a very good time as we are now ready to move out of the deep water work into water depths where we have previously demonstrated excellent production rates."


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