CGGVeritas to do 3D seismic off Guinea for Hyperdynamics

Offshore staff

HOUSTON – Hyperdynamics Corp. says it has contracted CGGVeritas to conduct a 3D seismic acquisition and processing project covering about 4,000 sq km (1,544 sq mi) offshore Guinea. The contract value is $29 million.

The survey is expected to begin late next month, using the survey vessel Oceanic Endeavour. The area of the 3D acquisition is just southwest and adjacent to one of the 3D surveys obtained by HDY in 2010.

Hyperdynamics says the major goal of the work is to investigate multiple possible deepwater submarine fans seen on a 2D survey acquired in 2009. The new survey will use the CGGVeritas BroadSeis broadband solution.

After acquisition, the data will be processed by CGGVeritas, with completion of that work expected in the second half of 2012.

09/23/2011



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