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SIP Wins NSNR Devil's Hole Contract

Seismic Image Processing Ltd (SIP) is pleased to announce it has entered into an agreement with North Sea Natural Resources (NSNR) to provide services in the mid-North Sea High area.

SIP has been awarded the contract to investigate the hydrocarbon potential in relation to the Devil's Horst Project and plan to shoot a 3D survey. NSNR holds UK Licence P2321 (29th Round) which consists of 7 contiguous blocks covering the Devil's Hole prospect. Three reservoirs with predicted 5.7 billion barrels of oil will be de-risked using SIP's integrated processing, imaging and quantitative interpretation service group.

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SIP and North Sea Natural Resources ('NSNR') are pleased to announce the award to SIP for processing of the Devils Hole Horst ('DHH') 3D seismic survey. The survey covers 1600 sq. km. across seven blo

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