GETECH Group plc - Contract
04 Mar 2008
GETECH Group plc ("GETECH" or "the Company"), the oil services business specialising in the provision of exploration data and petroleum systems evaluations, is pleased to announce an agreement to enable it to market a new Russian Arctic environmental baseline study.
This study has been developed from geochemical sea-bed data and is important in that it enables oil companies to establish the current environmental state in areas of interest to them prior to any exploration and extraction. It will allow them to demonstrate the environmental impact of their activities and take action to minimize it.
This new agreement represents one of several Arctic oil exploration products currently under discussion with our Russian partners.
Enquiries:
GETECH Group
plc
www.getech.com
Derek Fairhead, Executive
Chairman
0113 322 2200
Raymond Wolfson, Chief Executive Officer
Landsbanki Securities (UK)
Limited
020 7426 9000
Thilo Hoffmann
Sebastian Jones
