Investor Relations : What is Seismic?

What is Seismic?

Companies engaged in oil and gas exploration use seismic data to assist in exploring for new reserves, establishing the extent of existing reserves, and managing producing reservoirs. Exploration and production seismology is the process by which explorationists attempt to image the earth’s subsurface strata. In acquiring seismic data, an acoustical energy wave is transferred from an energy source at or near the surface of the earth to the subsurface. These sound waves reflect off of the various geological beds or strata in the earth’s subsurface. Sophisticated sensors and recording instruments at the surface collect the reflected waves and convert them to digital form after which they are stored on digital media for subsequent processing and interpretation. The resultant geophysical images provide oil company explorationists with valuable data on the potential of a particular area to yield oil or natural gas reserves and where to drill wells.
 
Divestco is focused on providing the oil and natural gas industry with quick, reliable access to cost-effective, high-resolution seismic data. This includes brokering and licensing existing seismic data between data owners and licensees, managing existing seismic data for the purpose of brokering sales, and creating new seismic data inventories through recording multi-client services structured along four business areas: Seismic Data Library, Multi-Client Services, Seismic Data Brokerage and Seismic Data Management.
 
 Principal Products and Services:

 

Contact Rod Chisholm
2008 Annual General Meeting of Shareholders
  • Date: May 6   
  • Time: 2:30 PM
  • Place: Calgary Telus Convention Centre
    South Building
    Glen Rooms 208 & 209