ARC Energy Limited Contract Renewal
16 November 2010 - 8:00AM
UK Regulatory
TIDMRHEP
RNS Number : 2243W
Rheochem PLC
16 November 2010
16 November 2010
Rheochem Plc
("Rheochem" or the "Company")
ARC Energy Limited Contract Renewal
Rheochem plc, the oil and gas business with oil services, production,
development and exploration assets is pleased to announce that its 100% owned
subsidiary Rheochem Ltd has renewed its contract to supply drilling fluids and
associated services to ARC Energy Limited ("ARC") for its drilling and
production operations onshore Western Australia for a period of twelve months
ending 30 November 2011.
ARC Energy is a wholly owned subsidiary of AWE Limited. AWE Limited is an ASX
100 listed company with oil and gas interests in Australia, New Zealand,
Indonesia, Yemen and Argentina.
Haydn Gardner, CEO of Rheochem said:
"We are delighted that ARC has chosen Rheochem to continue to provide these
services for their onshore operations in Western Australia."
- Ends -
For further information please contact:
+------------------------------------+--------------------------+
| Rheochem Plc | +61 (8) 9410 8200 |
| Haydn Gardner, CEO | |
| | |
+------------------------------------+--------------------------+
| Financial Dynamics | +44 (0) 20 7269 7207 |
| Billy Clegg / Edward Westropp / | |
| Alex Beagley | |
| | |
+------------------------------------+--------------------------+
| Northland Capital Partners Ltd | +44 (0) 20 7492 4775 |
| Shane Gallwey | |
| | |
+------------------------------------+--------------------------+
| McCall, Aitken, McKenzie | +44 (0) 20 7464 4062 |
| Andy Yeo | |
+------------------------------------+--------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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