MCG and JMJ will cooperate to identify new areas of MC seismic surveys in the Southeast Asia and Australasia regions. JMJ MC reports, and thorough knowledge of sedimentary basins in these regions, are an excellent basis for mapping out new multi client seismic opportunities. The MC seismic will be interpreted and integrated into the reports to further enhance the product we believe will provide the package needed for an oil company entering into new sedimentary basins.
To further enhance the cooperation MCG has closed down its office in Tanjong Pagar Road and moved to JMJ offices in Telok Ayer Street, both in Singapore. This will make the cooperation more efficient and provide both companies with an increased marketing work force.