This is an extension of the previous contract which will now continue until 31 December 2011.
Rheochem CEO Haydn Gardner said that this contract, in conjunction with Rheochem’s current Santos onshore contract and other recently awarded Australian contracts, gives Rheochem great visibility of forward income for 2011 and beyond.
Rheochem provides drilling fluids and engineering services to the oil and gas exploration industry with operations in Australia, New Zealand and India.
