- Thalassa Holdings said its subsidiary, EGP Energy Services, has entered supplemental contracts with Russian geological sea survey company JSC Sevmorgeo (SMG).

The contracts are to supply additional services and a vessel as part of seismic data acquisition surveys being conducted by SMG in Ecuador.

The contracts would increase the revenue to the company by more than $500,000 to at least $5.6 million in total. The work has commenced and these surveys in Ecuador are scheduled to last until 15 June 2013.

At 8:38am: [LON:THAL] share price was +37p at 109p

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