Global Geo Services Receives 2D Seismic Order
Global Geo Services
|Friday, August 31, 2001
GGS has received order of USD $6 million for 2D data from the company's seismic survey, PC-2000, in the Persian Gulf. Additionally, the sale includes an uplift of USD 7.5 million payable in relation to the client`s success in Iran. The total firm sale of the project PC-2000 is now USD $27 million, and total uplift is now USD $34.5 million. This order strengthens the companys financial position substantially.