GGS Receives Order for West Florida Seismic Data

GGS has received an order for part of the US Open - West Florida program. The order is worth US $2 million.

Morten Andersen, Chairman of the Board of GGS, states: "We are satisfied that there is continuing strong interest in our West Florida surveys. The announcement of Phase 3 that was made two weeks ago in time for the AAPG convention in Houston has triggered significant interest and we are in negotiations with several oil companies. There are many indications that the Northern part of Phase 3 may become the first new acreage to be offered in lease sales after a potential lease sale (licensing round) in the 181 area."