CGG Completes First Proprietary BroadSeis-BroadSource 3D Survey In Australia

PARIS, Sept. 25, 2013 (GLOBE NEWSWIRE) --
CGG   announced   today  the  successful  completion  of  its  first  BroadSeis-BroadSource(TM)  survey  in  Australia  in  July  of  this  year.  The 'Sandman'deepwater  broadband survey on the Northwest Australian shelf was awarded to CGGby Shell Development Australia Pty Ltd.The  2810-km(2) 3D BroadSeis survey  was acquired by  the Viking Vision towing a12 x  100 x 6000 m  spread of  steerable Sercel  Sentinel(®) solid streamers andequipped  with BroadSource,  the company's  proprietary broadband marine seismicsource.BroadSource  reinforces  the  benefits  of  BroadSeis,  CGG's  broadband  marinesolution, to offer the widest available bandwidth and is ideal for the Northwestshelf  of  Australia  where  the  broad  bandwidth  will provide high-resolutionimaging, enabling accurate interpretation of subtle hydrocarbon traps, and clearidentification  of  drilling  hazards  such  as  shallow  gas. The excellent lowfrequencies   will   provide  better  penetration  for  the  imaging  of  deeperobjectives,  as well  as more  reliable reservoir  properties for  more accuratedrilling.The  survey data set is currently  being processed in CGG's Singapore SubsurfaceImaging center and is expected to be completed in the second quarter of 2014.Jean-Georges  Malcor,  CEO,  CGG,  said:  "As  client  demand  for our broadbandsolutions  and BroadSeis in  particular continues to  grow, industry interest inthe  benefits of combining  BroadSeis with BroadSource  for ghost-free broadbanddata  is also  gaining momentum.  CGG already  has experience  in acquiring suchsurveys  in India, Vietnam, the  North Sea and now  Australia where we have seennew  levels of resolution in  both the near-surface and  for deeper targets. TheSandman survey, acquired successfully using both BroadSeis and BroadSource, is afirst  globally for  Shell and  we are  confident that  it will  help unlock theconsiderable E&P potential of such an important region as the Northwest shelf ofAustralia."About CGGCGG (www.cgg.com) is a fully integrated Geoscience company providing leadinggeological, geophysical and reservoir capabilities to its broad base ofcustomers primarily from the global oil and gas industry. Through its threecomplementary business divisions of Equipment, Acquisition and Geology,Geophysics & Reservoir (GGR), CGG brings value across all aspects of naturalresource exploration and exploitation.CGG employs over 9,800 people around the world, all with a Passion forGeoscience 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 StockExchange (in the form of American Depositary Shares. NYSE: CGG).  Contact  Christophe Barnini  Tel: +33 1 64 47 38 11  E-Mail: invrelparis@cgg.comCGG - Australia BroadSeis-BroadSource survey completion: http://hugin.info/142000/R/1731078/578693.pdf[HUG#1731078]

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