OMNI Energy Services Corp. (Nasdaq: OMNI) announced today that it has been awarded a contract with a leading seismic data acquisition company to perform a major seismic drilling project in the Marcellus Shale geographic region. The contract is expected to generate approximately $4 million in revenue. OMNI anticipates the contract will commence during the first quarter of 2010.
Through its Seismic Services business segment, OMNI believes it is one of the premier seismic drilling contractors in the Gulf Coast region, and has been active in sizable transition zone and highland drilling projects, including the Barnett, Woodford, Fayetteville and Haynesville shale plays. The Marcellus contract will represent OMNI’s entry into the prolific Marcellus Shale geographic region, and is expected to involve approximately 200 square miles of diversified terrain.