RPS Group Plc Completes The Acquisition Of Reservoir Imaging Limited

RPS Group Plc (RPS) has completed the acquisition of Reservoir Imaging Limited.

The transaction which was done at a maximum consideration of around £4.0 million in cash, strengthens company’s expertise in the offshore Oil & Gas sector and enhances the Group’s existing marine seismic capabilities.

Reservoir Imaging usages innovative 4D and 3D technology, to complex survey conditions for enhancing competent, value and safety benefits for global acquisition programmes.

On 2nd October 2019, at the time of writing, GMT 11:50 AM, RPS shares were trading at GBX 142.80, down by 2.20 points or 1.52 per cent against the previous day closing price.