Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  CGG    CGG   FR0013181864

CGG (CGG)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

CGG VERITAS : CGGVeritas Announces First BroadSeis Award in the Americas

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/25/2011 | 07:35am CEST

Regulatory News:

CGGVeritas (Paris:GA) (NYSE:CGV) (ISIN: 0000120164 - NYSE: CGV) announced today that is has signed a contract with Bahamas Petroleum Company PLC to acquire a 3D survey with BroadSeisTM, its superior broadband marine solution.

The survey area, located to the south west of the Bahamas, covers approximately 3,000 km2. The CGGVeritas Viking will acquire the survey starting in May. The full range of frequencies recorded by BroadSeis are expected to provide higher-resolution imaging of Tertiary and Upper and lower Cretaceous formations as well as helping to illuminate the deep Cretaceous-Jurassic reservoir targets which lie beneath the major thrust structures.

Jean-Georges Malcor, CEO of CGGVeritas, said: "This survey is notable for being the first marine 3D survey ever recorded in Bahamas waters and is the first commercial deployment of BroadSeis in the Americas. This award confirms the continued growing interest in the ability of BroadSeis to provide unparalleled resolution and penetration for clearer imaging and reservoir characterization."

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).

Investor Relations Contacts:
CGGVeritas
Paris:
Christophe Barnini, +33-16-447-3811
[email protected]
or
Houston:
Hovey Cox, +1-832-351-8821
[email protected]


© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CGG
05/24 CGG VERITAS : Launches Multi-Physics Imaging for More Complete Subsurface Unders..
05/23 CGG VERITAS : Wins Extension until 2021 for Oman Dedicated Center
05/23 CGG : Wins Extension until 2021 for Oman Dedicated Center
05/12 CGG VERITAS : Restructuring Update
05/12 CGG VERITAS : 2017 First Quarter Results
05/12 CGG : Restructuring Update
05/12 CGG : CGG Announces its 2017 First Quarter Results
05/01 CGG VERITAS : Availability of the DDR and 20-F for 2016
05/01 CGG : Information Related to the Availability of the Document de Référence and ..
04/28 CGG VERITAS : Q1 2017 Results and Conference Call
More news
Sector news : Oil Related Services
05/29 BAKER HUGHES INCORPORATED : Oil inches up in quiet holiday trade, focus on crude..
05/25 European shares sputter near highs but OPEC disappointment hits oil stocks
05/25 U.S. oilfield service firms lag shale recovery; old deals hold
05/24 DONG Energy to sell oil, gas business to Ineos for $1.3 billion
05/18 Saudi Aramco to sign deals with U.S. firms during Trump visit - sources
More sector news : Oil Related Services
News from SeekingAlpha
05/13 CGG's (CGG) CEO Jean-Georges Malcor on Q1 2017 Results - Earnings Call Transc..
05/12 CGG 2017 Q1 - Results - Earnings Call Slides
05/12 CGG reports Q1 results
04/03 FOCUS ON EUROPE : Red Alert For European Banks? Capital Destruction At Deutsche ..
03/03 CGG's (CGG) CEO Jean-Georges Malcor on Q4 2016 Results - Earnings Call Transc..
Advertisement
Financials ($)
Sales 2017 1 215 M
EBIT 2017 -161 M
Net income 2017 -387 M
Debt 2017 2 532 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 2,19x
EV / Sales 2018 1,91x
Capitalization 125 M
More Financials
Chart CGG
Duration : Period :
CGG Technical Analysis Chart | CGG | FR0013181864 | 4-Traders
Full-screen chart
Technical analysis trends CGG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 15
Average target price 5,17 $
Spread / Average Target -8,7%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jean-Georges Malcor Chief Executive Officer & Director
Rémi Dorval Chairman
Pascal Rouiller Group COO & Senior Executive VP-Equipment
Stéphane-Paul Frydman Chief Financial Officer & Senior Executive VP
Loren K. Carroll Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CGG-63.02%125
SUBSEA 7 SA17.47%4 984
VERESEN INC37.61%4 265
OFFSHORE OIL ENGINEERI..-10.70%4 252
SAPURA ENERGY BHD--.--%2 619
AMEC FOSTER WHEELER PL..10.21%2 588
More Results