Regional Business Information for Yorkshire
Plexus secures £6m North Sea contract
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26th June 2012
Plexus has secured a £6m Wellhead Agreement for relief well standby and exploration drilling from a major international oil and gas operator.
Plexus will provide High Pressure/ High Temperature POS-GRIP adjustable wellhead equipment and mudline casing support on a standby basis. This forms part of contingency planning in the event that a relief well is needed during the oil and gas development programme in the UK North Sea.
At 9:43am: (LON:POS) share price was +5.75p at 115p
Story provided by StockMarketWire.com
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