Petroleum Geo-Services Declares Vessel Allocation for Q4 2007

Petroleum Geo-Services ASA announced that its seismic 3D vessel fleet used approximately 69% of its total time to acquire marine contract and multi-client seismic in the fourth quarter of 2007.

This compares to 89% in the third quarter of 2007 and 80% in the fourth quarter of 2006.

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