This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ION Receives 2014 Spotlight On Arctic Technology Award

HOUSTON, Feb. 6, 2014 /PRNewswire/ -- ION Geophysical Corporation (NYSE:IO) today announced that its new Narwhal TM for Ice Management software received a Spotlight on Arctic Technology award, to be presented at the Arctic Technology Conference in Houston on Monday, February 10.

The Arctic Technology Conference (ATC) shines the spotlight on the latest innovations in the Arctic E&P industry with its annual event.  A panel of qualified E&P professionals reviewed entries and selected recipients based on five criteria:  New, Innovative, Proven, Broad Interest and Significant Impact.  Developed by ION's Concept Systems group, Narwhal was one of three award winners.

Narwhal is the first fully integrated ice management system designed to reduce risk and improve efficiency in seismic data acquisition and drilling operations in or near ice, such as in the Arctic.  Utilized either for planning future operations or during current operations, Narwhal enables operators to gather, monitor, and analyze data from various sources, including satellite imagery, ice charts, radar, manual observations, wind, and ocean currents.  In addition, it provides the ability to forecast and predict ice movements in these harsh environments using proprietary modeling algorithms.  With the ability to track, forecast, and monitor potential ice threats, operators can make informed, proactive decisions to ensure the safety of people, assets, and the environment, while minimizing operational downtime.

Des Flynn, Vice President of ION's Concept Systems group, commented, "We are honored that Narwhal has been recognized as an innovative, proven Arctic technology by the ATC panel.  There were many technologies nominated for this award, and it's a testament to the vision and technical prowess of the Narwhal team within ION that we have received this award amongst many deserving peer companies. 

"Since acquiring our first seismic survey in the Arctic in 2006, ION has developed innovative technologies and solutions to help E&P companies eliminate barriers to successful exploration and production in the Arctic, one of the world's most challenging environments. Narwhal is the newest addition to our Arctic toolkit."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,630.27 +189.68 1.09%
S&P 500 2,093.25 +25.61 1.24%
NASDAQ 5,089.2060 +49.43 0.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs