CGV » Topics » Land Seismic Acquisition Contract Activity

This excerpt taken from the CGV 20-F filed Apr 23, 2008.
Land Seismic Acquisition Contract Activity
Our land seismic acquisition services are geographically and technologically well placed for high-end positioning and further development of local partnerships. We have developed a unique expertise in North America’s arctic regions. We have developed partnerships with local seismic acquisition companies in several countries, including Saudi Arabia, Kazakhstan, Indonesia and Libya.
The demand for land seismic acquisition services and for technology in particular is increasing and our strategy for the land acquisition business line is to:
  •  focus our presence in certain geographic markets, such as Europe, Africa and the Middle East, where we believe we have a competitive advantage;
  •  serve the increasing demand for land seismic acquisition and for high-end technology in particular, through the expansion of our HPVAtm wide azimuth technology and the introduction of Seismovietm for advanced 4D projects;
  •  further reinforce our presence in arctic North American regions through the introduction during the next two winter seasons of new technology for high resolution acquisition; and
  •  continue to promote our expertise in harsh environments, sensitive areas (in terms of environmental or community concerns), shallow water and transition zones, and in management of complex projects where barriers to entry are higher and pricing competition less intense.
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