Grapevine

LCT to Acquire Gravity on PGS Ramform Explorer's First Survey

LCT will be acquiring the industry's first gravity survey onboard PGS's new seismic vessel, the M/V Ramform Explorer for Amoco UK Exploration Company. The survey will be performed with one of LCT's enhanced LaCoste & Romberg SAGE gravity meters. LCT recently acquired fourteen SAGE meters from EDCON Inc. The SAGE is considered by many to be the highest resolution system available.

The combination of a high precision gravity meter and highly stable acquisition vessel operating in a 3D environment should yield very high resolution data. In addition, LCT will be utilizing state-of-the-art processing techniques developed through research in airborne gravity to ensure the highest quality data. Data processing will be performed in LCT's Richmond, UK office.

CogniSeis Acquires Photon Systems Ltd. and Announces New President

CogniSeis Development, Inc., a wholly owned subsidiary of Tech-Sym Corporation (NYSE:TSY), announced recently it has completed the previously announced acquisition of all outstanding stock of Photon Systems Ltd., a privately held company based in Calgary, Canada. Photon Systems develops, markets and licenses seismic and geologic interpretation systems consisting of proprietary software installed on a variety of computers.

CogniSeis also announced today the appointment of Diana McSherry as President and CEO. Dr. McSherry was previously the Chief Operating Officer of CogniSeis Development, Inc.

Pat Poe, the previous President of CogniSeis, will become Director of Strategic Planning for the Syntron and CogniSeis subsidiaries of Tech-Sym.

Associated with the merger of CogniSeis and Photon, two Photon officers will assume senior level positions within CogniSeis. George Palmer, in addition to his position as President of Photon, has been appointed Vice President of Technology for CogniSeis. Joe Tischner has been appointed VP of sales and Marketing for CogniSeis. Mr. Tischner will be responsible for sales and support in the U.S. and Latin America, as well as marketing worldwide.

Call for Papers – PDAC '96

The PDAC (Prospectors & Developers Association of Canada) Convention '96 will be held March 10-13, 1996 at the Royal York Hotel, Toronto. All convention functions, including the Trade Show, technical presentations, core shack, investors exchange, social functions, hospitality suites, lounges, private seating and conversation areas, are housed together under one roof. Delegates are at liberty to move back and forth from the trade show to other functions.

Papers are being invited for an Open Forum, which runs concurrently with the main technical program, on any aspect of mineral exploration and development and should emphasize application rather than theory. Suggested topics include (but are not restricted to): country/regional profiles (geological potential, investment climate, mining regulations, etc.); geophysical and geochemical techniques; deposit descriptions; case histories; new exploration technology; financing mechanisms; raising risk capital; royalties; software applications.

An adjudicating committee of the Prospectors & Developers Association of Canada will begin to select papers at the beginning of December 1995. Authors whose abstracts are accepted by the committee will be notified as quickly as possible once decisions are made. Please mail or fax abstracts of no more than 200 words to Ms. Saley Lawton, Prospectors & Developers Association of Canada, Suite 900, 34 King Street East, Toronto, Ontario, Canada M5C 2X8; fax (416) 362- 0101.

Seismic Data for Offshore Vietnam Now Available

Western Geophysical, in conjunction with Petrovietnam, is pleased to offer approximately 21,000 kilometers of seismic data for offshore Vietnam. Reprocessing of the selected seismic lines was completed in March 1995 and is now available for immediate delivery. Gravity and magnetic data are also available for selected lines.

Recent discoveries of significant oil and gas deposits in the South China Sea, offshore Vietnam, have confirmed the area to be one of the most highly prospective exploration provinces in the Asia-Pacific region.

For more information on the data package, please call John McTernan in Houston at 713-963-2500 or Gavin Hills-Jones in London at 44-181-560-3160.

Silicon Graphics Canada Partners with Veritas Seismic in Groundbreaking Seismic Visualization Project

Silicon Graphics and Veritas Seismic announced recently they will partner in a pioneering project to visualize seismic data. Veritas Seismic has purchased Silicon Graphics' Power Challenge XLTM Supercomputer and four high performance Power Indigo 2™ IMPACT™ computers to improve the analysis and quality control of seismic data processing with high-end graphics and visualization of the earth's subsurface.

ARAM24 Sold to China

Geo-X Systems Ltd. of Calgary is pleased to announce that the China Petroleum Technology and Development Corporation, a division of the China National Petroleum Corporation, has purchased an ARAM24 seismic telemetry recording system from Geo-X. The system is equipped with two Central Recording Units and may be used in a single 1500 channel configuration or as two separate 750 channel systems.