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Verdisys, Noble Ink Satellite Deal

By | October 9, 2003

      Houston, Texas-based Verdisys [OTC: VDYS.OB], a lateral drilling oil service company and satellite solutions provider, and energy company Noble Energy [NYSE: NBL] have signed an agreement for Verdisys to supply 20 additional satellite units to be installed on Noble’s offshore drilling rigs in the Gulf of Mexico. Financial terms of the deal weren’t disclosed. The satellite communication units will be used to transmit production reports, well flow data, cargo manifests, parts ordering, timesheets and other relevant information.

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