This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CGG: Sercel Sells 18,000 Channels Of UNITE Cable-Free System To CGL

PARIS, France, Sept. 20, 2013 (GLOBE NEWSWIRE) --
Sercel has sold 18,000 channels of its industry-leading UNITE cable-free land
seismic acquisition system to Compañía Geofisica Latinoamericana (CGL). The
order relates to the sale of RAU eX-3 three-channel units of Sercel's proven
UNITE system that will be deployed by Ecopetrol, Colombia's largest integrated
oil & gas Company, on its 3D project in the Avila - Caño Sur Block.

The RAU eX-3 offers enhanced flexibility and can easily be configured to record
either 1-C or 3-C analog data. The system's unique high-speed, long-range
wireless capability improves in-field quality control of data acquisition by
providing wireless harvesting and real-time data transfer.

Seismic contractor CGL has previously purchased over 3,000 channels of Sercel's
428XL acquisition system and its selection of the UNITE system offers the
advantage of seamless compatibility and integration into the 428XL.

Juan Carlos Pineda, VP of Operations, CGL, said: "We are very pleased to place
our order with Sercel for our first UNITE acquisition system.  We chose UNITE
for its compatibility with the Sercel product range, ease-of-use when operating
in autonomous mode and superior wireless data harvesting.  With UNITE, greater
operational efficiency will be achieved, since there is no need to return field
units to basecamp for data downloading and transcription."

Pascal Rouiller, CEO, Sercel, said: "We are delighted that CGL and Ecopetrol
have chosen Sercel's state-of-the-art UNITE system. We thank them for their
support and are confident they will achieve greater efficiency and increased
productivity with UNITE's unique capabilities. This significant order confirms
Sercel's success in addressing the worldwide cable-free market."



About CGG

CGG (www.cgg.com) is a fully integrated Geoscience company providing leading
geological, geophysical and reservoir capabilities to its broad base of
customers primarily from the global oil and gas industry. Through its three
complementary business divisions of Equipment, Acquisition and Geology,
Geophysics & Reservoir (GGR), CGG brings value across all aspects of natural
resource exploration and exploitation.
CGG employs over 9,800 people around the world, all with a Passion for
Geoscience and working together to deliver the best solutions to its customers.

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

Communications Contact
Christophe Barnini
Tel: +33 1 64 47 38 11
E-Mail: invrelparis@cgg.com


Press release: http://hugin.info/142000/R/1730377/578297.pdf

[HUG#1730377]

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs