The report prepared by Ledouble SAS, appointed as independent appraiser to give an opinion on the fairness to the shareholders of the contemplated financial restructuring of CGG as a whole, is available on the website www.cgg.com.
The Combined General Meeting of CGG will be held on October 31, 2017 at the Espace Evènementiel Les Esselières, 3 boulevard Chastenet de Gery, 94800 Villejuif at 11:00 a.m.
CGG SA announces that all creditor classes entitled to vote on the chapter 11 plan proposed in the chapter 11 cases commenced on 14 June 2017 in the US Bankruptcy Court for the Southern District of New York by CGG SA’s 14 main foreign, direct and indirect subsidiaries.
CGG has successfully completed acquisition of the first-ever full-scale commercial survey using TopSeis™, its latest offshore broadband seismic acquisition and imaging solution.
Sam Gray, who recently retired as Senior Researcher, Subsurface Imaging, CGG, has been distinguished with the Society of Exploration Geophysicists’ (SEG) Maurice Ewing Medal “in recognition of his impressive work.
Discovery of the Nash dome in Brazoria County, Texas by a torsion balance survey in 1924 marked the first use of gravity techniques for oil prospecting in the United States.
CGG has completed ahead of schedule an 11,500 sq km wide-azimuth (WAZ) survey on behalf of Pemex in the deepwater Perdido area. This new survey has been acquired perpendicularly to existing WAZ data and the combined Imaging of this first large-scale orthogonal WAZ data set is expected to provide significantly enhanced subsalt imaging results.
CGG GeoSoftware is marking the 30th anniversary of its flagship reservoir characterization software products, Jason and HampsonRussell, at the SEG Annual Meeting in Houston. The occasion reflects a commitment to continued innovation and development to help geoscientists better understand the Earth’s subsurface and maximize the potential of reserves.
The Permian basin is rich with opportunity, boasting half of all active oil rigs in the U.S. and currently producing about 45 percent of onshore oil production in the lower 48 states.