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Article: Micromem Subsidiary and Norwegian EM Technology Accelerate Development of Exploration Sensor Technology.
- Article from:
- Biotech Week
- Article date:
- July 8, 2009
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Micromem Technologies Inc., (OTCBB: MMTIF, CNSX: MRM) through its wholly owned subsidiary Micromem Applied Sensor Technologies, Inc. (MASTInc) (www.mastinc.com), announced that as a result of excellent progress during Phase One, Norwegian EM Technology (NEMT) has requested MASTInc to accelerate the schedule for the availability of its Phase Two survey tool. This tool, based on NEMT's unique survey technology, will enhance the capabilities of its sister company, Excel Expro Norge AS (EEN), for exploration activities in the North Sea and other international oil and gas regions. EEN is a young hydrocarbon exploration company, which was offered a share in exploration rights to ...