Vanco Energy Company Rewards Rock Solid Images with a 3-Year Contract for Rock Physics and Seismic Inversion Studies

HOUSTON--(BUSINESS WIRE)--Rock Solid Images, a member of the OHM Group, announces today that the company will provide technical services including rock physics modeling, well and seismic data conditioning and prestack reservoir property inversion to Vanco Energy Company. Studies are currently underway in Vanco’s Cote d’Ivoire blocks CI-101 and CI-401 and the Corisco Deep, Block K, Equatorial Guinea and will be extended to other of Vanco’s blocks, such as Cape Three Points Deep, Ghana and the Prykerchenska contract area, in the northern Black Sea, Ukraine.

Vanco Energy Company’s Vice President of Exploration, Ronald L. Wallace, Sr. said: “Rock Solid Images recently concluded a successful study of one of our key drilling prospects in West Africa. This work unequivocally demonstrated the impact that rigorous rock physics analysis can make on risk reduction in rank exploration areas such as those that characterize our deepwater West African and Ukrainian exploration portfolios. This multi-year agreement with Rock Solid Images demonstrates Vanco’s commitment to deploy advanced modeling and inversion technologies for prospect high-grading and risk mitigation.”

Rock Solid Images Senior Vice-President, Gareth Taylor said: “It is gratifying that our decision to focus on rock properties studies in West Africa has been vindicated through an endorsement by one of the leading deepwater acreage holders in Sub-Saharan Africa. We were able to effectively demonstrate the crucial role that rock physics plays in unraveling the oftentimes subtle interplay between reservoir properties and seismic expression. We are looking forward to the technical collaboration and hope to be able to make a substantial contribution to Vanco’s operational successes in both deepwater West Africa and Ukraine.”

About the OHM Group:

Offshore Hydrocarbon Mapping plc listed on London's Alternative Investment Market (OHM) in March 2004 and provides Controlled Source Electromagnetic imaging services to the offshore exploration industry.

Rock Solid Images, headquartered in Houston, Texas, is an industry leader in the integration of fundamental rock physics with well data and surface seismic in order to interpret geophysical signatures in terms of reservoir properties such as lithology, porosity and saturation.

Vanco Energy

Vanco Energy Company is an independent oil and gas exploration company that focuses on deepwater. They hold and operate six large licenses in five countries. Vanco has more than 10 million gross deepwater acres under license. In 2007, Vanco expanded to the Black Sea. Vanco is headquartered in Houston and has international offices in 4 countries. For additional information, visit www.vancoenergy.com.