OHM Secures CSEM Survey in Offshore Equatorial Guinea

OHM has entered into a strategic partnership with the Bureau of Geophysical Prospecting in China (BGP) to provide marine CSEM survey design, acquisition and processing services to BGP. BGP has awarded the first survey to OHM within the framework of this new agreement for the acquisition of marine CSEM data offshore Equatorial Guinea, with a contract value of approximately $2.5 million. The CSEM survey is anticipated to start in late November, 2009

Richard Cooper, CEO of OHM commented, "We are delighted that BGP, one of the world’s largest geophysical contractors, has chosen OHM as their supplier of choice for our WISE integrated CSEM products and services. We look forward to working with BGP on this first joint survey and developing a strong and long-lasting partnership to the benefit of all."