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RXT received letter of intent from Statoil
11 April 2006
The seismic company Reservoir Exploration Technology AS (RXT) announced today that it has received a letter of intent from Statoil for acquisition of 4C seismic data with its new vessel “Ocean Pearl” for Statoil this year. Estimated contract value is $7 - $8 million, depending on final survey duration. Duration is estimated to 6 weeks.