Offshore Hydrocarbon Mapping set to cut loose loss-making surveying business

Shares in AIM listed oil and gas services group Offshore Hydocarbon Mapping Plc (LON:OHM) rose by 9% to 9p early this morning on news that the company was planning to cut loose its loss making marine acquisition business. The proposed move will see OHM plough its efforts into the more viable geophysical processing and interpretation consulting business, Rock Solid Images, which it acquired in 2007.