PGS starts Crystal II in GoM

Petroleum Geo-Services has completed acquisition of its Crystal I Gulf of Mexico program and has launched Crystal II.

Offshore staff

LYSAKER, Norway –Petroleum Geo-Services has completed acquisition of its Crystal I Gulf of Mexico program and has launched Crystal II.

Crystal II also is a multi-client wide azimuth 3D survey and covers 170 GoM blocks. PGS also will incorporate beam migration into the processing following its purchase of AGS.

Final results from Crystal II are due in 4Q 2008. Crystal I results are scheduled to be available before the March GoM sale.

01/22/2008

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