Latest news with #DUGTechnology
Yahoo
20 hours ago
- Business
- Yahoo
Edison Issues Report on DUG Technology (DUG)
London, United Kingdom--(Newsfile Corp. - June 10, 2025) - Edison issues report on DUG Technology (ASX: DUG). DUG Technology (DUG) provides seismic data processing services and software primarily to the oil and gas industry. As a small but innovative player in the field, the recent launch of elastic multi-parameter full waveform inversion (MP-FWI) technology gives the company the opportunity to gain market share despite the uncertain industry outlook. The recent Q325 update confirmed that order intake has returned to growth, supporting our forecasts for a recovery in revenue and profitability from FY26. In our view, this is not factored into the current share price. Uptake of solutions for immersion cooling and mobile high-performance computing (HPC) could provide further upside to our forecasts and valuation. Click here to read the full report. All reports published by Edison are available to download free of charge from its website Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities. For more information, please contact Edison: enquiries@ Connect with Edison on: LinkedIn YouTube To view the source version of this press release, please visit
Yahoo
20 hours ago
- Business
- Yahoo
Edison Issues Report on DUG Technology (DUG)
London, United Kingdom--(Newsfile Corp. - June 10, 2025) - Edison issues report on DUG Technology (ASX: DUG). DUG Technology (DUG) provides seismic data processing services and software primarily to the oil and gas industry. As a small but innovative player in the field, the recent launch of elastic multi-parameter full waveform inversion (MP-FWI) technology gives the company the opportunity to gain market share despite the uncertain industry outlook. The recent Q325 update confirmed that order intake has returned to growth, supporting our forecasts for a recovery in revenue and profitability from FY26. In our view, this is not factored into the current share price. Uptake of solutions for immersion cooling and mobile high-performance computing (HPC) could provide further upside to our forecasts and valuation. Click here to read the full report. All reports published by Edison are available to download free of charge from its website Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities. For more information, please contact Edison: enquiries@ Connect with Edison on: LinkedIn YouTube To view the source version of this press release, please visit Sign in to access your portfolio
Zawya
28-01-2025
- Business
- Zawya
Australian company begins data collection to explore oil potential in Oman
Searcher, an Australia-based geoscience data and intelligence provider, has commenced the second phase of geoscience data processing to explore potential hydrocarbons in the Sea of Oman [Gulf of Oman]. The initiative is being undertaken in collaboration with the Ministry of Energy and Minerals, the company said in a statement last week. With over 35,000 km and 2,700 square kilometre of seismic data, the first phase saw the reprocessing of 4,100 line km of seismic data within Block 18. Phase two will add another 5,000 line km of seismic data from Blocks 41 and 21, both included in the current acreage licensing round. Searcher will engage DUG Technology to deliver significant imaging uplift, enabling more productive exploration and mapping of the subsurface across these critical areas, the statement said. (Writing by P Deol; Editing by Anoop Menon) (
