Monday, November 24, 2008

Alphageo Bags ONGC Contract Of Rs 43.69 Crores - Nov 24, 2008

Alphageo (India) Ltd has informed regarding a Press Release titled Alphageo bags ONGC contract of Rs 43.69 Crores.The Company has bagged a contract from ONGC for acquisition of Seismic Data executable over a period of two seasons in Nagaland for a total contract value of Rs 43.69 Crores. The Company has secured this contract tendered by ONGC against the competition from several players. The letter-of-award dated November 21, 2008 has been issued to the Company.

Alphageo (India) Ltd is the largest onshore integrated seismic service provider in the private sector and enjoys a market leadership in seismic survey.

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