Entries by Bob Basili

Recent investment round oversubscribed

Oslo, 3rd August, 2016:  inApril is pleased to report an oversubscribed private placement with lead participants being professional investors focusing on the Seismic and Oil & Gas markets.  Proceeds will be used  to advance our commercialization efforts.

inApril signs Letter of Intent to supply its first seabed seismic system

Oslo, 30th June, 2016: inApril, the Norwegian offshore technology company, announces today a first commercial agreement potentially worth $25-30 million for Venator, its game-changing, node-based seabed seismic acquisition system. A letter of intent (LOI) has been signed with the Kazakhstan company GEO ENERGY GROUP LLP (GEG) to supply a Venator system, starting with a test […]

inApril’s dealings with patents and technical solutions.

April 22, 2016 It is well known that seismic companies have a long tradition for patenting their solutions and it has become a necessity for all players in the industry to navigate carefully in the development and use of seismic equipment. The validity of patents will always be geographically limited – some very narrow and […]

inApril contracts leading onboard seismic data management experts, Profocus Systems

September 10, 2015 inApril has contracted to ProFocus Systems to develop Venator’s integrated Data Management and Operator Console system. The system will deliver post processed navigation data in near real-time. “We are very satisfied with having ProFocus onboard in building Venator to become the complete and fully integrated system for ocean bottom node acquisition.  Their knowledge […]

inApril secures additional financing

September 1, 2015 inApril has over the summer secured additional financing to further the company´s development and test program. The test program includes: – A node verification program. (ongoing) – The manufacture and testing of full scale versions of the Launch and Recovery System (LRS),  including: (ongoing)      a) the module that connects / disconnects the […]

Odd Erik Rudshaug joins inApril as Chief Financial Officer

8th February 2015 Odd Erik joined InApril in February 2015, as CFO. He has 28 years experience from the shipping and offshore industry, 20 of these within the seismic sector. He has been Group Chief Accountant and Financial Controller in PGS, co-founder and CFO in Reservoir Exploration Technology ASA, and recently co-founder and CFO in […]