GETECH Gravity and magnetic data and related management and interpretation services for the international oil and mining exploration industry

RNS: 24/1/07

GETECH Group plc ('GETECH' or 'the Company'), the oil services business specialising in the provision of exploration data and petroleum systems evaluations, is pleased to announce the finalisation of Agreements to permit GETECH to commence exclusive marketing of Russian Arctic Shelf aeromagnetic data. These data will help major oil companies evaluate the hydrocarbon potential of the Arctic. Several oil majors have expressed strong interest in licensing these data and one has already placed an order totalling 840,000.

Prelim Results Year Ending 31 July

Profit before tax of 1,010,013 (2005: 730,460)Turnover of 3,228,573 (2005: 3,481,743)Earnings per share of 2.65p (2005: 2.47p)Dividend payment of 0.6p per shareTotal dividend for the year 1.0p per share

... and also from the relationship with Shell, who have outsourced 500,000 of research work to Getech.

... and possibly from the ownership of the 2.5M property, Elmete Hall.

AXA announced a 3.34% stake in Getech today: see the RNS

Getech are exhibiting at the European Association of Geoscientists and Engineers (EAGE) conference in Tripoli at the end of Feb.

Many of the oil majors will be in attendance: BP, Chevron, Statoil, Shell, ExxonMobil to name a few.

This is Getech's first conference of 2007 and an excellent opportunity for sales.

Mining and Resource Investor Evenings

Following the resounding success of our previous events, Shares are pleased to offer another chance for you to meet, hear from and ask questions of key senior management figures from carefully selected companies.

These events offer an unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter. What is more, there are free drinks and canapés receptions where you can mingle with industry leaders and your fellow investors. Make sure you don't miss this unique opportunity to get the answers you need from the people who make the market.

Tickets are completely free but places are strictly limited so register now.

NEXT EVENTS

LONDON

Date: Wednesday 10th October 2012

Venue: Novotel London Bridge,10 Pepys Street, London EC3N 2NR

Registration: 6.00pm

Presentations: 6.45pm followed by a drinks/canapés reception

REGISTER NOW FOR LONDON EVENT


Companies Presenting:



GREEN DRAGON GAS Plc



Green Dragon Gas Plc(GDG) is one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China.



NORTHERN PETROLEUM Plc








Northern Petroleum Plc (NOP) is an EU oil company that acquires low entry cost exploration, production and development assets and is committed to adding high value to shareholders from production and asset sales.


NOSTRA TERRA OIL & GAS COMPANY Plc



Nostra Terra Oil & Gas Company plc (NTOG) is a fast growing, AIM traded oil and gas producer with projects in Oklahoma, Colorado, Kansas and Texas. The USA is going through an oil and gas boom at present as new drilling and recovery techniques expose exciting new reserves out of established hydrocarbon basins and Nostra is well positioned to take advantage of this. The company is debt free, raised £2m over the summer and signed a Standby Equity Distribution Agreement for up to £10m, giving the company the opportunity to quickly pin down highly attractive acquisition opportunities. Matt Lofgran, CEO will be talking about their latest acquisition, new wells and other activity.

Matt Lofgran, CEO

Matt has wide experience of business development in the energy, real estate and communications sectors. Prior to becoming CEO of Nostra Terra in July 2009, he was with Robson Energy, LLC, latterly as Vice President of International Business Development. In this capacity, he launched the oil and gas, field services and coal divisions, and was responsible for extending Robson Energy's activities into Mexico. Mr Lofgran holds a Bachelor of Business Management.


More companies to be announced
REGISTER NOW FOR LONDON EVENT


LEEDS

Date: Thursday 11th October 2012

Venue: Redmayne-Bentley, 9 Bond Court, Leeds LS1 2JZ

Registration: 6.00pm

Presentations: 6.45pm followed by a drinks/canapés reception

REGISTER NOW FOR LEEDS EVENT


Companies Presenting:

GETECH GROUP Plc





GETECH's (GTC) principal activities are producing, selling and marketing gravity and magnetic products, and providing gravity and magnetic services to the oil and mineral industry. The Group provides technical capabilities such as structural and geological interpretations to define basin geometry and history, defining source rock maturation history, petroleum systems identification and evaluation, and identification of tectonostratigraphic provinces, tectonic domains and hydrocarbon systems. GETECH has compiled one of the most extensive commercial libraries of gravity and magnetic data.

GREEN DRAGON GAS Plc









Green Dragon Gas Plc(GDG) is one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China.



NORTHERN PETROLEUM Plc








Northern Petroleum Plc (NOP) is an EU oil company that acquires low entry cost exploration, production and development assets and is committed to adding high value to shareholders from production and asset sales.


More companies to be announced

REGISTER NOW FOR LEEDS EVENT

Shares Magazine invites you to join us at our own special ‘Meet the Markets’ event at the World Money Show (London) 2012.

On Saturday 3rd November 2012, Shares Magazine will give you the opportunity to meet, hear from and ask questions of key senior management figures from carefully selected companies. This event offers a unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter.

The event is tailor-made for private investors who already have exposure to AIM listed stocks, or anyone who is considering putting money into these exciting and dynamic sectors.

By registering NOW not only do you get the opportunity to join us at our own special Shares event, you also get FREE entry to the World Money Show itself, where you will get a chance to listen and talk to leading investment and trading experts with insights on the hottest trends, global market perspective, income Investing, spread betting, CFDs, Forex, ETFs and asset allocation.


REGISTER NOW


Date:

Saturday 3rd November 2012

Venue:

The Westminster Suite (4th Floor)
The Queen Elizabeth II Conference Centre,
Broad Sanctuary,
Westminster,
London
SW1P 3EE

Presentations:
11.30am to 1.30pm

Companies Presenting:

GETECH GROUP PLC
GETECH's (GTC) is a leading global consultancy to the oil, gas and mining industries. We assist our clients, who include the major international oil companies as well as many independent and National Oil Companies, to reduce the risks and improve the efficiency of their early stage exploration programmes. We are differentiated through our unique global library of gravity and magnetic data and our multidisciplinary teams of highly skilled geosciences staff. We pride ourselves on scientific rigour and thought leadership. These have now led to the development of our flagship product, the “Global Programmes” for which we currently have six contracted clients, who commit to a multi-year strategic programme of which the initial phase is due to complete in mid 2014.

LEYSHON RESOURCES LTD
Leyshon Resources Limited (AIM & ASX:LRL) was on the ground in 2003 when China opened its mining sector to foreign investment. It has been fully engaged in China since then with its main operating office located in Beijing.
China's latest Five Year Plan emphasizes the planned urbanisation of a large number of Central China's rural population into second and third tier cities lifting the urbanisation rate to 51.5% of the overall population.
This will result in significant increases in infrastructure spending and energy demands. The Company is planning to invest in high quality energy assets in China to meet this growing demand.

Speaker: Paul Atherley, Managing Director.

TERTIARY MINERALS PLC
Tertiary Minerals (TYM) is an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries and traditional Chinese supplies are drying up as China evolves from a large net exporter to a potential net importer.


REGISTER NOW

For more information on the World Money Show (London) click here

Learn from the experts



You can now book your free tickets for our big event on Saturday 13 September in partnership with the London Stock Exchange. Held at the Business Design Centre in Islington, North London, The Stock Market Show is a full day event designed to help you understand investing. We have secured a large number of financial experts to explain in simple terms how you should go about investing in the stock market, the ways in which to research individual stocks and how to use different investment and trading accounts.



Tickets for the event are free but must be booked in advance you can also book your seminar sessions on our five separate stages.

The day is about to become a hot talking point among investors across the country as we are very pleased to announce This is Money as our media partner, a website read by millions of people and part of the Daily Mail & General Trust (DMGT) media stable.

• Hear from more than 50 speakers across 5 stages including: product experts, CEOs from listed companies and renowned journalists from Shares including Daniel Coatsworth, Mark Dunne, Steven Frazer and Tom Sieber who will all be giving presentations on investing.

• Speak with over 40 exhibitors from a range of AIM companies brokers and platform providers including: Alecto Minerals, Advanced Computer Software Group, Angle, Avation, Azonto Petroleum, Chaarat Gold, Corero Group Services, eg Solutions, EMIS, Fastnet Oil & Gas, Flowgroup, Fox Marble, Getech, Horizon Discovery, InternetQ, NetDimensions, Nostra Terra Oil & Gas, Premier African Minerals, Valirx, Velocys, Wishbone Gold and XL Media.

• Learn about investment topics tailored to suit a range of investors from novice to expert

• Meet with top financial services providers including; Aberdeen Asset Management, AJ Bell Youinvest, Amati Global Investors, Boost, CMC Markets, ETF Securities, Hargreaves Lansdown, IG, Killik & Co, KPMG, London Stock Exchange, Panmure Gordon, Reyker Securities,Société Générale, Stockopedia and ThisisMoney.


Why you should attend:

We have structured the entire programme around one core principal: financial education



Learn about:

• What you need to become a successful investor

• Managing your own pension using stocks and shares

• The simple approach to valuing companies

• The importance of risk when researching stocks

• The most important areas in company documents and financial accounts

• Reading chart patterns

• An introduction to exchange traded funds and bonds

• Plus a host of other topics on industry sectors, trading techniques, market mechanics and tax issues



Hear from:

• Shares journalists

• Financial services professionals

• Chief executives of quoted companies

• Leading market commentators



Your chance to meet:

• Share dealing and pension providers

• Quoted companies

• Shares journalists

• Representatives from the London Stock Exchange

• Fellow investors

For more information and to register go to: http://www.thestockmarketshow.com/

Getech Group plc today announced a further significant multi-year contract with a major National Oil Company. New research note at http://tinyurl.com/n57qv6c

Currently it is not surprising that oil equipment and services stocks are finding little support, although there are some pockets of value appearing which could offer material upside to patient long term investors.

We consider some of the more appealing candidates, all of which possess the desired sturdy balance sheets to weather the current tough conditions.

Amongst them is Getech Group, which currently is generating operating margins and returns on equity of 20%+, not to mention a healthy dividend yield of 4%+ which sets it apart from many of its peers.

Read more about Getech and other companies at http://tinyurl.com/p65nfgn

REGISTER NOW



The Growth and Innovation Forum is the UK's only growth and technology focussed investment show.


About the show

Do you want to find the next stock market star performer?

Interested in growth and technology focused companies?

Do you want to know how investing really works?

Are you looking to build your wealth through capital growth and income?

Want to take an active role in managing your money?


Come to the Growth and Innovation Forum and connect with top experts who will share their in-depth knowledge of investing and meet directors from fast-growing and technology led London listed companies.

Some of last year's showcased companies gave investors brilliant returns (31/1/17 to 1/12/17).

Bioventix up 78%

Wandisco up 66%

LoopUp up 51%


The show is brought to you by the team at Shares Magazine and AJ Bell in partnership with Cenkos Securities.


Why you should attend


Hear from more than 30 speakers, including top investment experts, fund managers, company executives and renowned journalists from the Shares team

Meet directors of listed firms, fund managers, savings and investment experts

Learn about investment topics suited to a range of investors from novice to expert

Discover more about the most important market issues and strategies for 2018


REGISTER NOW



FREE GIFTS


Get a Growth and Innovation Forum goody bag worth over £140 when you attend!

Goody bag includes:


1) A one year subscription to Shares Magazine digital. Each week you will receive the latest Shares digital weekly magazine where our team of experts will give you a multitude of investment ideas for income and capital growth. You will also gain access to the Shares investor toolkit with live news, LIVE share prices, fund prices, portfolio and research tools (value £120)

2) Volt Power Bank Charger (2200mAh), boosts your device when you're out and about, by simply connecting it with the USB cable. Approximate charging time is 3-4 hours.

3) The new DIY Investor digital e-book written by Andy Bell, CEO of AJ Bell (RRP £17.99)

PLUS all attendees will be entered into free prize draws for:

An all-new Amazon Echo (2nd generation) which connects to Alexa,a cloud-based voice service, to play music, make calls, set alarms and timers, ask questions, check your calendar, weather, traffic and sports scores, manage to-do and shopping lists, control compatible smart home devices, and more.

A Fitbit Alta fitness wrist band, a customisable fitness tracker designed to fit your personal style. Stay motivated by tracking all-day activity – steps, distance, calories burned and active minutes.

A Wired Magazine subscription (one year Print and Digital). WIRED is the magazine about what's next – bringing you the people, the trends and the big ideas that will change our lives. Each month, through thought-provoking features and stunning photography, they explore the next big ideas in science, culture, and business – wherever innovation and new thinking are reshaping our world.

A Design Museum one year pass. The Design Museum is the world's leading museum devoted to contemporary design in every form from architecture and fashion to graphics, product and industrial design. Design Museum members enjoy free unlimited entry to all the museum’s exhibitions and other benefits besides


The Growth and Innovation Forum is free to attend; you simply need to register in advance to secure your ticket. Please click here to order your ticket and tell your friends to come along to the event which is being held on Tuesday 30 January 2018 between 09.00 and 17.30 at the Business Design Centre, 52 Upper Street, Islington, London, N1 0QH. It is well served by public transport with several tube stations on its doorstep.


Hear From

Companies at this event include:

AJ Bell
Cambridge Cognition
Cloudcall
CML Microsystems
Collagen Solutions
Corero Network Security
Creo Medical
CyanConnode
Duke Royalty
EU Supply
FairFX
Getech
Jaywing
Medaphor
Medherant
Mercia Technologies
nDreams
Plastics Capital
PrimaryBid
RedT energy
Smart Metering Systems
Totally
YU Group

+ more companies to be announced


Guest Speakers

Oliver Brown, Investment Director, R.C. Brown Investment Management

Daniel Coatsworth, Editor, Shares Magazine

Steve Frazer, News Editor, Shares Magazine

Russ Mould, Investment Director, AJ Bell

Richard Penny, Fund Manager, Legal & General UK Alpha Trust

Tom Selby, Senior Analyst, AJ Bell

Gervais Williams, Director and Fund Manager, Miton Group


Event timings

Registration: from 09:00
Conference: 09:45 - 17:00
Exhibition: 09:00 - 17:30

REGISTER NOW