Geotrace Awarded Processing of Offshore Madagascar Survey

Geotrace has recently been awarded the seismic processing of Vanco Madagascar Ltd.'s Majunga Offshore Profond block offshore northwestern Madagascar. The marine seismic survey encompasses 3657 square kilometers of 3D data, and is being acquired to further evaluate the exploration potential for hydrocarbons within the Majunga salt basin. Participants in the Majunga block are operator Vanco (30%), ExxonMobil (40%) and Hydro (30%).

Geotrace's extensive marine experience and highly qualified processors will be providing high-quality image resolution of the structural features through the use of its curved-ray Pre-Stack Time Migration processing technique. Geotrace is a leading provider of proprietary technologies aimed at imaging and integrated solutions used to enhance the optimization of petroleum reservoirs.

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