MCG to market and sell RXT 4C3D in the North Sea

MCG will use its technical expertise, as well as oil companies client base, to actively market and sell the 4C3D survey to clients working in the area. The survey covers a Eocene (Frigg Fm.) discovery made by Elf in 1986. The discovery is yet to be developed.

The multi client 4C3D survey was acquired by RXT's vessel M/V Ocean Pearl in January 2007. The survey covers an area where the seismic image is hidden by a shallow anomaly and the acquisition of full azimuth, ocean bottom 4C data will enlighten the geological structures below.