CGGVeritas Announces Completion of 3D BroadSeis Survey for Shell in Gabon

PARIS--()--Regulatory News:

CGGVeritas (Paris:GA) (NYSE:CGV) announced today that it has completed a 3D BroadSeis seismic survey for Shell over complex salt structures in deep water offshore Gabon.

As a complement to a conventional acquisition project (7,900 km2), the 3D BroadSeis survey was acquired by the CGGVeritas Symphony operating with ten Sercel Sentinel® solid streamers equipped with the Sercel Nautilus® streamer control device. DovetailTM, a new proprietary CGGVeritas acquisition and processing solution designed to reduce infill and achieve more regular sampling, was also deployed on this project.

Jean-Georges Malcor, CEO, CGGVeritas, said: “We are pleased to have partnered with Shell in Gabon to demonstrate the step change that our BroadSeis broadband marine solution can bring to the promising deep water plays offshore Gabon. We are confident that the enhanced low frequencies acquired by BroadSeis will meet the goals of Shell and achieve excellent penetration of the complex salt to provide clearer imaging of the pre-salt targets as well as simultaneously providing unrivalled bandwidth for the investigation of shallow amplitude anomalies.”

About CGGVeritas

CGGVeritas (www.cggveritas.com) is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.

CGGVeritas is listed on the Euronext Paris (ISIN: 0000120164) and the New York Stock Exchange (in the form of American Depositary Shares, NYSE: CGV).

Contacts

Investor Relations:
CGGVeritas
Paris:
Christophe Barnini, +33-16-447-3811
invrelparis@cggveritas.com
or
Houston:
Hovey Cox, +1-832-351-8801
invrelhouston@cggveritas.com

Contacts

Investor Relations:
CGGVeritas
Paris:
Christophe Barnini, +33-16-447-3811
invrelparis@cggveritas.com
or
Houston:
Hovey Cox, +1-832-351-8801
invrelhouston@cggveritas.com