Ikon Science Ltd has acquired the Australian company JRS Petroleum Research Pty Ltd .
JRS develops integrated software for image log analysis and geomechanics, and offers services to the industry from its offices in Adelaide and Perth. These capabilities complement Ikon Science’s advanced rock physics, geopressure and quantitative interpretation technologies and workflows.
"This acquisition is part of an ongoing strategy to broaden our capabilities by integrating Ikon Science’s traditional strength in Pore Pressure Prediction with Geomechanics to encompass both reservoir and well bore solutions," said Martyn Millwood Hargrave, Chief Executive
Officer.
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