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Stock impact report

CORE LABORATORIES ANNOUNCES STRATEGIC ACQUISITION OF BRAZIL-BASED SOLINTEC [Yahoo! Finance]

Core Laboratories N.V. (CLB) 
Last core laboratories n.v. earnings: 4/22 05:05 pm Check Earnings Report
US:NYSE Investor Relations: corelab.com/investors
Company Research Source: Yahoo! Finance
For more than three decades, Solintec has provided integrated upstream oil and gas geological services to the vast majority of national and international companies operating in Brazil. Its modern laboratory facilities and capabilities enable in-country mineralogic and sedimentary descriptive analysis, eliminating the need to export samples abroad. Combined with Core Lab's proprietary non-invasive dual-energy tomography, these services enhance geologic assessment and formation evaluation, while providing faster turnaround and deeper insights for Brazil's complex offshore pre-salt and onshore projects. "This transaction is another example of recent investments Core continues to make in key markets which are targeted at growth, and we believe Brazil will continue to emerge as a leading non-OPEC producer with prolific reserves both onshore and offshore. The acquisition of Solintec will strengthen our local presence and expand the range of high-value services offered locally to clients, Show less Read more
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