Question · Q1 2026
Martin Lorenzen, a private investor, followed up by asking if Geospace Technologies could disclose the number of other parties they are in ongoing discussions with regarding Permanent Reservoir Monitoring (PRM) contracts, excluding Petrobras.
Answer
Rich Kelley, President and CEO of Geospace Technologies, stated that due to confidentiality, he could not disclose specific parties but confirmed the company is in discussions with "multiple" other companies regarding PRM.
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