Riley Electric Log owns the most extensive (3 million+) collection of hard-copy well logs in the U.S. These well logs, in addition to the 1.2 million Canadian well logs, will greatly expand A2D's industry-leading digital well log database, LOG-LINE Plus!
This comprehensive data coverage will allow A2D to source materials for existing backlogged orders, add to A2D's client base, and further substantiate and grow A2D's existing subscription model. Riley's financial results will be consolidated with A2D's results beginning in January 2004. The Riley acquisition is expected to increase A2D's 2004 revenues by at least 30% over 2003 levels.
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