Mar 19, 2007. /Lesprom Network/. Analytical Surveys, Inc. and Ecowood, Inc. announced on March 19 that the companies have entered into a definitive merger agreement, under which the companies will be combined in a tax-free, all stock merger to form an environmentally friendly, diversified natural resource company. The companies announced they had signed a letter of intent to merge on March 13, 2007. Analytical Surveys, Inc., is a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves. ASI is headquartered in San Antonio, Texas. Ecowood, Inc. was formed in February 2007 to salvage lost logs on several of the major rivers in Northern Brazil, principally the Amazon River. Over the past 300 years, a great number of logs have been lost on the way to sawmills. New technology and modern equipment now make it practical and profitable to salvage the estimated 61.4 billion cubic meters of recoverable logs from the navigable river ways.