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Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Sat., Feb. 29, 12:59 AM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #87. ION Geophysical Corporation UruguaySPAN

Acquirer: ION Geophysical Corporation (NYSE:IO)
Acquiree: UruguaySPAN
Details: ION Geophysical Corporation (NYSE: IO) today announced that it has successfully acquired 2,800 km of high-quality, depth-imaged seismic data within the Punta del Este Basin offshore Uruguay. Known as UruguaySPAN, this latest addition to ION's global BasinSPAN seismic data library will provide E&P companies with the first deep, geologically-driven image of the province, enabling them to more effectively assess Uruguay's offshore hydrocarbon potential, identify new opportunities, and mitigate exploration risk.

ION Geophysical is a technology company that delivers data-driven decision-making offerings to offshore energy, ports and defense industries. Co.'s offerings are focused on improving subsurface knowledge to improve exploration and production (E&P) decision-making and improving situational awareness to support offshore operations. Co. provides its services and products through two business segments: E&P Technology and Services, which creates digital data assets and delivers services to help E&P companies improve decision-making; and Operations Optimization, which develops subscription offerings and provides engineering services that enable operational control and optimization offshore.

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Company Name: 
ION Geophysical Corp
Stock buyback: 
IO buyback
Website: 
www.iongeo.com
Sector: 
Oil & Gas Equipment & Services
Number of ETFs Holding IO: 
5
Total Market Value Held by ETFs: 
$1.74M
Total Market Capitalization: 
$53.00M
% of Market Cap. Held by ETFs: 
3.28%
 

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