If your land is in one of these sections, but were not contacted....what does it mean?

http://www.cggveritas.com/default.aspx?cid=15-59-3215 map on website of area of survey

CGGVeritas Records First Data on Shale Gas Tri-Parish 3D Multi-Client Survey in Haynesville

Houston, 7 July 2009

CGGVeritas announced today that it has begun acquiring the Tri-Parish Line 3D multi-client survey in northern Louisiana.

The 677-square mile wide-azimuth survey is the largest contiguous Haynesville shale survey to date. It is designed to supply the numerous industry players with a state-of-the-art 3D survey to help them locate the hundreds of horizontal wells that are expected to be drilled in the play.


The CGGVeritas Tri-Parish Line 3D multi-client survey in northern Louisiana, USA.
View/download larger map.



CGGVeritas will operate two separate 7,000-channel crews to acquire the survey over the next 12 months. The configuration of the wide-azimuth survey was specifically designed to enable enhanced fracture detection and understanding, critical parameters for exploration and production.

Original participants will systematically receive 3D processed seismic volumes as each phase of the year-long survey is completed.

Colin Murdoch, Executive Vice President, North America region, CGGVeritas, said: "The U.S. Gulf Coast has been a primary focus area for CGGVeritas for over ten years. We believe this advanced Tri-Parish Line survey in the heart of the Haynesville shale play will be a key part of our data library assets for years to come."

The Haynesville shale is a gas resource play located in northeast Texas and north Louisiana. It is one of the most active horizontal drilling areas in the US.

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.

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VSC. Probably that they haven't gotten to you yet. This is a twelve month survey. Be patient and I suspect they will be getting in touch with you. I just hope gas prices are up when the seismic data is ready for operators to use it in their development plans next year.
VSC,
Skip is right. Veritas does not lease an area until they are ready to shoot it. The 667 square miles won't all be done at once. If your land is in the part that Veritas won't get to until the middle or end of the shoot, then you likely haven't been contacted yet.

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