Sales Surpass 100,000 Channels for INOVA's G3i™ Mega Channel Recording System

HOUSTON, May 1, 2013 /CNW/ - INOVA's G3i™ mega channel system sales have surpassed 100,000 channels since its introduction to the seismic industry just one year ago. Operators and oil and gas companies have quickly recognized the breadth and productivity benefits that the cable-based land recording system brings to their exploration initiatives. The highly flexible system has scaling functionality that meets operational requirements for a broad range of surveys, from low channel counts to higher channel counts used for high density, wide azimuth acquisition.

The G3i system was initially launched one year ago to give customers more options to meet their land seismic equipment and operational needs. Since the delivery of the first system sale to BGP, G3i has been used throughout Asia in varying climates and environments, including urban, desert, and mountainous areas. Additionally, G3i is being deployed in complex terrains for customers in Russia.

GeoGlobAll Group observed G3i's performance in a successful commercial deployment, ultimately purchasing the system for its reliability and high performance, operational flexibility and practical approach to training that INOVA's dedicated team of training specialists provided their crews. GeoGlobAll seismic crews deployed G3i for a commercial acquisition in West Yakutia on December 1, 2012. When temperatures dropped to minus 45 degrees Celsius (minus 49 degrees Fahrenheit), G3i consistently demonstrated its rugged capabilities in the extreme cold Siberian environment. The results were witnessed by the GeoGlobAll Group's Director, General and Technical Director and General Director of OJSC Yakutskgeophysika, and now they are committed to furthering their partnership with INOVA and the use of their technologies.

"We are very pleased that we are able to offer customers the best choice for a high performance system that provides the data quality necessary to compete in the oil and gas industry. In the end, it is about achieving the highest levels of productivity coupled with technology that offers the best imaging quality for reservoir characterization for our customers. Our goal is to thoroughly understand today's acquisition challenges and engineer our land seismic products in a way that our customers can leverage our technologies to meet or exceed their productivity requirements, while helping them reduce their overall operational expenses. INOVA ranks number one for rugged equipment that successfully operates and performs consistently in the field," said John Bell, Senior Vice President Business Development and Global Sales for INOVA.

To learn more about INOVA's next generation cable based land system, visit www.inovageo.com/G3i

About GeoGlobAll

GeoGlobAll Group is a multiprofile oilfield service enterprise of geological, geophysical and drilling works. GeoGlobAll consists of GeoGlobAll Ltd, Yakutskgeophysika JSC, Eastern Geophysical Trust ZAO and Irkutsk Electroprospecting Company ZAO, each registered in the Russian Federation. Additional information about GeoGlobAll is available at www.geogloball.com/eng.

About INOVA Geophysical Equipment Limited

INOVA Geophysical Equipment Limited is a leading provider of land geophysical technology, including source and source control systems, cabled and cableless land acquisition systems, and advanced seismic digital sensors. Managed as an independent company, INOVA is a joint venture owned 51% by BGP (a wholly owned subsidiary of China National Petroleum Corporation) and 49% by ION Geophysical Corporation (NYSE: IO). Additional information about INOVA is available at www.inovageo.com.

Contacts
INOVA Geophysical
Pamela Merritt
Director of Global Marketing
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SOURCE: INOVA Geophysical Equipment Limited

http://www.inovageo.com/G3i