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Oil States said it closed on its $615 million acquisition of GEODynamics in January.
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Geodynamics soared 25 percent and Infigen Energy rose 5 percent on Monday.
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Geodynamics shares soared 25 percent and Infigen Energy rose 5 percent on Monday.
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Beneficiaries could include Carnegie Wave Energy Ltd and Oceanlinx and geothermal companies Geodynamics Ltd, Green Rock Energy Ltd and Pacific Hydro.
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Geodynamics says it aims to complete a 25 MW plant by Dec 2013 and is targeting production of more than 500 MW by 2018.