02 February 2005
OHM announce appointment of Larry Scott as Vice President
Offshore Hydrocarbon Mapping plc (OHM), a leading provider of remote electromagnetic sensing services designed to detect the presence of offshore oil and gas, has announced the appointment of Larry Scott as Vice President.
Mr Scott's immediate focus will be on developing OHM's marketing function, together with establishing the company's new office in Houston, Texas. He joins OHM from GX Technology where he held the position of Senior Vice President of Integrated Seismic Solutions and was responsible for overseeing the financial, technical, and operational aspects of all data library (multi-client) services, as well as proprietary services involving survey design and data acquisition. He has over 25 years' experience in marine seismic exploration, including senior roles at Veritas and Western Geophysical.
Dave Pratt, Chief Executive, commented: 'We are very pleased that Larry has joined us at an important time in OHM's development. His experience in the marine seismic industry coupled with his extensive network of contacts within the oil and gas sector will enable us to broaden our marketing capabilities significantly, especially in the US.'
Ends
For further information, please contact:
Dave Pratt, Chief Executive Officer, OHM plc 0870 429 6583
Peter Reilly/Patrick d'Ancona, Aquila Financial 020 7849 3319/3326
www.ohmsurveys.com
Notes to Editors
OHM's survey method transmits an electromagnetic field into the earth, which is modified by the presence of subsurface resistive layers. These changes in the field are measured and the resulting data is processed to provide information on the resistive structure of the subsurface.
Because hydrocarbon accumulations are generally very resistive, this method can indicate the presence of oil and gas in deep water situations, and can detect and map the edges of such accumulations. This reduces the risk of drilling non-commercial exploration wells and can reduce the need for appraisal drilling, thereby creating considerable value for oil explorers.
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