Update strategic review

1/11/2013 4:16 AM EST

RXT held a meeting with the suppliers representing 



more than 60% of the supplier debt as a part of the 



strategic review. Presentation from the meeting 



attached. 















For further information, please contact 







CEO Stein Hedemark in RXT, 







Cell:  + 47 918 26 369 or 







CFO Tomas Bratterud, 







Cell: +47 958 09 846                        







    







About RXT: Reservoir Exploration Technology ASA (RXT) 







is the only marine geophysical company specializing   







in multi component seismic seafloor acquisition.     







Multi-component seismic solves several imaging     







challenges that cannot be resolved with towed     







streamer seismic, and targets improved oil recovery   







from existing fields. The technology also gives     







better data quality for appraisal and development,    







and is also the solution where towed streamers are    







impractical due to high density of platforms and/or   







shallow waters. RXT has offices in Oslo, Norway in    







Abu Dhabi, UAE and Houston, Texas. In addition RXT is 







represented in Brazil by GeoRXT, a joint venture     







between RXT and Brazilian Georadar Levantamentos     







Geofisicos S/A (Georadar). RXT is listed on the stock 







exchange in Norway (OSE ticker: RXT). 







URL: http://www.rxt.com/     















This information is subject of the disclosure     







requirements according to § 5-12 of the Norwegian     







Securities Trading Act