Input/Output Wins Large Contract From ONGC.

Input/Output, Inc. announced today that it has been awarded a contract to provide 14, state-of- the-art land seismic imaging systems to Oil and Natural Gas Corporation Limited (ONGC), the national oil company of India. The contract is worth 67 mil. No wonder that the price has been very strong lately.

"This award represents the largest single sale of land acquisition systems and VectorSeis in the history of I/O. As far as we know, it is also the largest single land systems award in the history of the industry."