Wednesday, May 28, 2008
Release–Sercel Acquires Metrolog
Acquisition Expands Downhole Technology and Expertise
CGGVeritas announced today that its manufacturing subsidiary Sercel acquired Metrolog a privately held company. Headquartered in
“We are very pleased to continue to expand and strengthen our footprint in downhole measurements with the expertise and technology of Metrolog” said Pascal Rouiller President and CEO of Sercel. “Metrolog developed a unique expertise over the past 20 years, through continuous R&D, for high quality, versatile and reliable downhole instrumentation for challenging well conditions. The global organization and strong reputation of Sercel will accelerate the expansion of Metrolog technology and we look forward to bringing these state-of-the-art downhole tools to a broader set of customers.”
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
Paris: Houston:
Christophe Barnini
Tel: +33 1 64 47 38 10 Tel: +1 832 351 8821
E-Mail: [email protected] E-Mail: [email protected]