KEYFACT Energy
Green Energy Group has received a Letter of Award for a 2D campaign in the Eastern Hemisphere with a duration of approximately 9 months. The contract is expected to commence in September this year with rates reflective of an improving 2D market.
The Company`s backlog currently shows a combined 23 months of work to be performed over the coming 14 months with a projected EBITDA contribution of approximately USD 18 million. As previously communicated, the Company holds considerable capacity for further contracts both in 2D and OBN source.
KeyFacts Energy: Seismic Acquisition News