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Getech Group PLC (GTC.L)

GTC.L on London Stock Exchange

24.00GBp
25 Jul 2016
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Latest Key Developments (Source: Significant Developments)

GETECH Group Plc announces further national oil company multi-year contract
Monday, 13 Apr 2015 02:00am EDT 

GETECH Group Plc:Announces further significant multi-year contract with a major National Oil Company (NOC).This contract is for three year period with the NOC having the option to extend for a further two years.Getech has progressed successfully through an extended tender process and the NOC has now confirmed that Getech is one of three companies contracted to provide basin evaluation services.It is anticipated that the NOC will offer by way of tender to these three companies several basin evaluation packages per year, and that the value of each package will, if won by Getech, significantly affect the Company's results and therefore be the subject of further announcements.  Full Article

GETECH Group completes acquisition of ERCL Ltd
Wednesday, 8 Apr 2015 02:00am EDT 

GETECH Group Plc:Completes the acquisition of entire issued share capital of ERCL Ltd, an upstream oil and gas consultancy.Paid an initial payment of cash 1,750,000 pounds and issued 2,176,630 ordinary shares to Huw Edwards, Richard Heath, Steve Lawrence and Chris Irons.  Full Article

GETECH Group plc to acquire ERCL Ltd
Tuesday, 24 Mar 2015 03:01am EDT 

GETECH Group plc:Says execution of an agreement to acquire the entire issued share capital of ERCL Ltd, an upstream oil and gas consultancy.Completion is scheduled for the week commencing April 7.  Full Article

GETECH Group Plc recommends interim dividend
Tuesday, 24 Mar 2015 03:01am EDT 

GETECH Group Plc:Says that its board recommends an interim dividend of 0.46 pence per share.  Full Article

GETECH Group plc first orders under umbrella contract
Monday, 22 Dec 2014 02:39am EST 

GETECH Group plc:Says that the first orders have been placed under the umbrella contract referred to in the announcement on Nov. 4.This contract is with a long standing client and provides three-year extension to the previous, annually renewable, contract.Under this extension the client may purchase Globe, Regional Reports, data and Commissions work.The total value of this first order is £400k, all of which will be delivered during the current financial year.  Full Article

GETECH Group plc secures contract
Tuesday, 4 Nov 2014 02:01am EST 

GETECH Group plc:Announces a three-year extension to an existing umbrella contract with a National Oil Company.Says this contract is with a long standing client and provides a three-year extension to the previous, annually renewable, contract.Says under this extension the client may purchase Globe, Regional Reports, data and Commissions work.  Full Article

GETECH Group plc announces dividend
Tuesday, 4 Nov 2014 02:00am EST 

GETECH Group plc:Intends to continue its progressive dividend policy as appropriate and is proposing a final dividend of 1.76 pence per share in respect of year to July 31.In addition to interim dividend of 0.44 pence per share announced in April 2014.Final dividend will be paid on Dec. 18.Record date on Nov. 21.  Full Article

GETECH Group plc announces largest ever new contract
Monday, 8 Sep 2014 02:00am EDT 

GETECH Group plc:Announces its largest ever single new contract, worth $5 mln.This new proprietary services contract has gross value of $5 mln and will be undertaken by Company's Commissions division.Contract was awarded by Angolan National Oil Company, Sonangol, which has responsibility for overseeing and managing oil and gas exploration and production in Republic of Angola.Aim of project is to generate structural and related interpretations for the geological basins of Angola.Says work involves wide range of Getech's skills including gravity and magnetic data interpretation, structural mapping, plate modelling, depositional modelling, palaeogeographic reconstruction and palaeodrainage analysis.Work is due to start immediately and company anticipates that most of income will be recognised in current FY.  Full Article