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CGG: Awarded Survey Extension Offshore Colombia

PARIS, Feb. 3, 2016 (GLOBE NEWSWIRE) -- CGG announced today that it has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015.

The new survey follows on from the original over 16,000-km2 survey CGG conducted over portions of the Col-1 and Col-2 blocks, which was the largest survey ever recorded offshore Colombia. This major extension is expected to start in February 2016. The additional data will also be processed in CGG's Houston subsurface imaging center.

Jean-Georges Malcor, CEO, CGG, said: "This survey extension is the latest in a series of projects we have conducted for this key client offshore Colombia since 2013 and indicates the continuing satisfaction with CGG's seismic technology and operational performance. We look forward to continuing to support high-impact exploration opportunities with our high-end geosciences services and solutions."

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 businesses of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), CGG brings value across all aspects of natural resource exploration and exploitation.

CGG employs more than 7,000 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).

Contacts
Group Communications
Christophe Barnini
Tel: + 33 1 64 47 38 11
E-Mail: invrelparis@cgg.com
Investor Relations
Catherine Leveau
Tel: +33 1 64 47 34 89
E-mail: invrelparis@cgg.com
Press release pdf version http://hugin.info/142000/R/1983174/726740.pdf

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Source: CGG