Key Developments For OYO Geospace Corporation
OYO Geospace Corporation (OYOG.O) (Nasdaq)
OYO Geospace Corporation Announces Contract For Sale Of 8,000-Channel Land Nodal Seismic Data Acquisition System To Dawson Geophysical
OYO Geospace Corporation announced it received an order from Dawson Geophysical Company for $6.1 million of geophysical equipment, including 8,000 channels of the Geospace Seismic Recorder (GSR), the Company`s land nodal seismic data acquisition system. This is the Company`s first order for a four-channel configured GSR land nodal system. Delivery of the GSR system and related equipment is expected to occur in the Company`s second quarter of its 2010 fiscal year.
OYO Geospace Corporation Announces $18 Million of New Seismic Contracts
OYO Geospace Corporation announced it has recently received several orders totaling more than $18 million. The company expects these product deliveries to occur throughout the remaining months of calendar year 2009.
OYO Geospace Corporation Announces $4.3 Million Contract For Wireless Seismic Data Acquisition System
OYO Geospace Corporation announced it received an order for $4.3 million of geophysical equipment, including 3,000 channels of the Geospace Seismic Recorder (GSR), the Company`s new wireless seismic data acquisition system. Delivery of the GSR system and related equipment is expected to occur in the Company's fourth fiscal quarter.
OYO Geospace Corporation Introduces Wireless Land Data Acquisition System
OYO Geospace Corporation announced the introduction of the Geospace Seismic Recorder (GSR), its new wireless land data acquisition system.
OYO Geospace Corporation Receives $14.2 Million Contract for Seabed Acquisition System
OYO Geospace Corporation announced that BP Exploration (Caspian Sea) Limited entered into a $14.2 million sales contract with the Company for a seabed data acquisition system for reservoir monitoring operations in the Azerbaijan sector of the Caspian Sea. Delivery of the system is expected to occur in the Company's fiscal fourth quarter and revenue recognition of the sales contract is expected to occur in FY 2007.
