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DUG Technology Ltd ( (AU:DUG) ) just unveiled an announcement.
DUG Technology Ltd has announced the launch of its new elastic multi-parameter FWI imaging solution, targeting the oil and gas industry to reduce drilling costs and risks by providing quicker and more accurate subsurface understanding. As the only vendor offering this production-ready technology, DUG reinforces its leading position in geoscientific innovation, with implications for improved decision-making and risk management for industry stakeholders.
More about DUG Technology Ltd
DUG Technology Ltd is an ASX-listed technology company, headquartered in Australia, specializing in applied science solutions for the geoscience industry. The company provides tailored geoscience services and software, high-performance computing, and immersion-cooling systems. With a focus on R&D, DUG maximizes seismic data value, offering a global presence with offices in Perth, London, Houston, Kuala Lumpur, and Abu Dhabi.
YTD Price Performance: -21.43%
Average Trading Volume: 337,921
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$148.1M
Find detailed analytics on DUG stock on TipRanks’ Stock Analysis page.
