Global Geophysical Services Completes Acquisition of Sensor Geophysical, Ltd.
HOUSTON, Jan. 5, 2012 (GLOBE NEWSWIRE) -- Global Geophysical Services,
Inc. (NYSE:GGS) today announced that it has completed its previously
announced acquisition of Sensor Geophysical Ltd. ("Sensor").
The combination of GGS' extensive multi-component acquisition
capabilities with Sensor's unique multi-component processing toolkit
will create one of the industry's most advanced converted wave imaging
providers. Sensor is one of the only independent 3C and 4C processing
providers with their own proprietary software for advanced
multi-component imaging. GGS maintains one of the largest 3C recording
system channel counts in geophysical services, and is developing its
own next generation autonomous Autoseis(TM) nodal 3C and 4C systems.
Christopher T. Usher, Global's CTO said, "We are pleased to welcome
Sensor to Team Global, and are excited about deploying their proven
converted wave imaging across our existing data processing centers.
Sensor is a great company with exceptional people and leading
technology. The prominent Sensor brand provides an excellent
springboard for GGS' ramp up in Canada."
About Global Geophysical Services, Inc.
GGS provides an integrated suite of Geoscience solutions to the global
oil and gas industry including high-resolution RG-3D Reservoir Grade(R)
seismic data acquisition, Multi Client data library products, micro
seismic monitoring, seismic data processing, data analysis, and
interpretation services. GGS combines experience, innovation,
operational safety, and environmental responsibility with leading edge
geophysical technology to facilitate successful E&P execution. GGS'
combined product and service offerings provide the ability to Gain
InSight(TM) in the exploration and production of hydrocarbons. GGS is
headquartered in Houston, Texas. To learn more about GGS, visit
Posted: January 5, 2012