CGGVeritas: Sercel Announces the Sale of 10,000 DSUs to Comesa

Regulatory News:

CGGVeritas (ISIN: 0000120164 – NYSE: CGV)(Paris:GA) announced today that its equipment subsidiary Sercel has been awarded a contract by Compania Mexicana de Exploraciones S.A. de C.V. (Comesa) for the purchase of 10,000 digital sensor units (DSU), including 9,250 DSUGPS stakeless three-component (3-C) digital sensors for dry land operations and 750 DSU3BV buried version digital sensor units for transition zone operations.

Comesa has been equipping its land acquisition crews with Sercel 408, 428XL and UNITE cable-free acquisition systems since 2002 and has now added the DSUGPS system to its list of state-of-the-art Sercel equipment.

The DSUGPS integrates two GPS antennas, enabling it to calculate both the DSU position and sensor azimuth within the recorded data. This highly accurate information is vital to 3-C applications.

This new-generation 3-C acquisition product offers faster deployment by eliminating the need for time-consuming positioning surveys of receiver locations, better coupling with the earth’s surface with no need to adjust sensor positions and superior processed results through elimination of deployment errors.

Adan Oviedo, General Director, Comesa, said: "We selected the DSUGPS as it is the only 3 component acquisition system available on the market today that is capable of calculating and recording each sensor’s horizontal azimuthal orientation. We also took into consideration the system’s effortless capability to compute sub-meter sensor positioning accuracy and of course its compatibility with our existing inventory of Sercel 428XL. A field test was carried out in Southern Mexico where the system performed effortlessly and fully lived up to our expectations. We look forward to deploying the system in the coming weeks on the first of a series of 3D-3C surveys planned by PEMEX in the coming years.”

Pascal Rouiller, CEO, Sercel, said: "We are delighted to extend our relationship with Comesa by providing their first 3-C acquisition system, in addition to their already proven line of Sercel leading-edge land seismic systems. The Sercel DSUGPS and DSU3 provide the most effective operational system in the industry using MEMS-based digital sensor units. We look forward to future successes with such an important client as Comesa.”

About Sercel

Sercel is the world’s leading designer and manufacturer of innovative seismic equipment and reservoir monitoring instruments. Sercel provides oil field service companies and geophysical contractors the widest range of leading-edge technologies for exploration in land, marine, ocean bottom, transition zone and reservoir environments. Employing more than 2000 people worldwide, main Sercel sales offices are located in Houston (USA) and Nantes (France). More information about Sercel is available at www.sercel.com.

About CGGVeritas

CGGVeritas (www.cggveritas.com) is a leading international pure-play geophysical company delivering a wide range of technologies, services and equipment through Sercel, to its broad base of customers mainly throughout the global oil and gas industry.

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