24 April 2006
Interim results for the six months ended 28 February 2006
[extract]
Offshore Hydrocarbon Mapping plc (OHM), the AIM listed provider of remote electromagnetic sensing services designed to detect the presence of offshore oil and gas, today announces its interim results for the six months ended 28 February 2006.
Highlights:
 Revenues of £5.9 million represent almost fourfold growth compared to last year's first half.
Pre-tax loss reduced to £0.8 million, more than halving the comparable loss for last year.
Cash positive
Significant technological progress.
Managing growth now a key driver.
Commenting on the results, OHM Chairman Pierre Jungels said:
"We see strong signals from industry that the value of Controlled Source Electro Magnetic Imaging is now recognised as a key component of the explorer's toolkit. With a healthy order book, cash positive first half trading and the scientific advances created by our research team OHM is now managing for growth."
For further information, please contact:
OHM plc
www.ohmsurveys.com
Dave Pratt, Chief Executive 0870 429 6581
Aquila Financial Limited
www.aquila-financial.com
Peter Reilly 020 7202 2601
Yvonne Fraser 020 7202 2609
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