FEI Company and GEOLOG Enter Into Joint Development Program

HILLSBORO, Ore. and MILAN, Italy, Nov. 2, 2011 (GLOBE NEWSWIRE) -- The Natural Resources Business Unit of FEI Company (Nasdaq:FEIC) and GEOLOG International BV (“GEOLOG”) have entered into a joint development program (“JDP”) to conduct field tests of the QEMSCAN® WellSite™ analysis solution. GEOLOG, an independent oil field services company, provides advanced surface logging capabilities used by drilling companies to minimize the drilling time and cost of oil and gas wells. GEOLOG will use the QEMSCAN WellSite solution to enhance its surface logging services with automated rock and mineral analysis that is faster, more accurate and detailed than traditional methods.

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