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POS Plexus Holdings Plc

12.75
0.00 (0.00%)
Last Updated: 07:42:09
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Plexus Holdings Plc LSE:POS London Ordinary Share GB00B0MDF233 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.75 12.00 13.50 12.75 12.75 12.75 0.00 07:42:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil & Gas Field Machy, Equip 1.49M -4.02M -0.0381 -3.35 13.44M

Plexus Holdings Wins GBP1.6 Million Pact Extension with BP Egypt

19/05/2009 8:38am

Dow Jones News


Plexus (LSE:POS)
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Plexus Holdings PLC (POS.LN), an AIM listed oil and gas engineering services business, said Tuesday that it has entered into a contract extension with BP Egypt to supply its proprietary POS-GRIP 15,000 psi High Pressure/High Temperature (HP/HT) wellhead systems, together with service and support for gas exploration in the Nile Delta concession.

MAIN FACTS:

-The value of the contract is estimated at GBP1.6 million, with revenues anticipated to commence before the company's year end Jun. 30, and continuing into 2010.

-First signed a rental wellhead contract with BP Egypt in 2006, for an exploration drilling programme which expired at the end of 2008.

-By London Bureau, Dow Jones Newswires; +44 (0)20 7842 9296; ian.walker@dowjones.com 
 
 
 

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