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Terra Energy & Resource Technologies Wins a Tender and Signs a Contract with Kuwait Oil Company
PR Newswire - Wed Feb 20, 5:30AM CST
Terra Energy & Resource Technologies, Inc. (PINK: TEGR), a natural resource exploration technology company, has been granted a services contract by Kuwait Oil Company (KOC) for oil and gas exploration in Kuwait. The services contract is a result of Terra winning a public tender "Satellite Based New Mapping Technique to Provide Subsurface Structural Features for North and South Ratqa Field" announced by KOC in 2012. Terra plans to deploy its Sub-Terrain Prospecting (STeP®) technology over a 200 square kilometer area and complete its analysis within four months.