OYO Geospace (OYOG) Receives $4.3 Million Order
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OYO Geospace (NASDAQ: OYOG) 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 designs and manufactures instruments and equipment used by the oil and gas industry in the acquisition and processing of seismic data as well as in reservoir characterization and monitoring activities. [SM]
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