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Global Geophysical Services, Inc. President and CEO Richard Degner Awarded Ernst & Young Entrepreneur Of The Year 2012 for the Gulf Coast Area in the Oilfield Technology Category

HOUSTON, July 23, 2012 (GLOBE NEWSWIRE) -- Global Geophysical Services, Inc. (NYSE:GGS) today announced that Richard Degner, President and CEO of Global Geophysical Services, was awarded the Ernst & Young Entrepreneur Of The Year 2012 for the Gulf Coast Area in the Oilfield Technology category. Selected from a field of the best and brightest entrepreneurs in the Gulf Coast region (comprised of Louisiana, Alabama, and the Gulf Coast region of Texas) Richard was recognized for turning his vision of building a new geophysical company "from the ground up" into a reality. Starting in 2005 with his personal savings and the mortgage on his family farm, in a few short, but challenging, years he has built Global into a world-class geoscience and engineering solutions company that boasts entrepreneurial roots and an unrelenting focus on cost efficiency, operational excellence, and technological leadership.

Now in its 26th year, the Ernst & Young Entrepreneur Of The Year program has honored the inspirational leadership of such entrepreneurs as Jeff Bezos of Amazon.com, Michael Dell of Dell Inc., Herb Kelleher of Southwest Airlines, Fred Smith of FedEx, and Larry Page and Sergey Brin of Google.

About Global Geophysical Services, Inc.

Global Geophysical Services, headquartered in Houston, TX, provides an integrated suite of seismic data solutions to the global oil and gas industry including high-resolution RG-3D Reservoir Grade™ seismic data acquisition, microseismic monitoring, seismic data processing and interpretation services, and Multi Client data products. Global Geophysical Services combines experience, innovation, operational safety and environmental responsibility with leading edge technology to facilitate the success of its clients by providing them the tools and solutions to Gain InSightTM. To learn more about Global Geophysical Services, visit www.GlobalGeophysical.com.

The Global Geophysical Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7300

CONTACT: Larry Scott
         VP, Marketing & Business Development
         www.globalgeophysical.com

Global Geophysical Services, Inc. Logo

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