POLY-GCL Signs 2D Seismic Acquisition Agreement with Xi’an Senshe Electronic Technology Co. Ltd.

2015 February 27. A signing ceremony was held at the POLY-GCL Beijing office for the signing of a 2D seismic acquisition services contract with Xi’an Senshe Electronic Technology Co. Ltd. POLY-GCL Ethiopian Petroleum Project President represented, the company in signing the contract. Management, members of the Exploration & Development Department, Procurement & Logistics Department, and Legal Department were also present.

2D seismic acquisitions are vital to the exploration and development phase because they are used to confirm the locations of petroleum deposits which then helps in determining where to drill exploratory wells. After much negotiation and repeated discussions, the conditions of the agreement were confirmed.

The signing of this agreement is the sign of POLY-GCL entering a new phase of petroleum development. 

Both Parties signing the 2D Seismic Acquisition Agreement

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