CGGVeritas Acquires Minority Interest in Eastern Echo

CGGVeritas has acquired 30.9 million shares of Eastern Echo Holding plc for a total consideration of approximately NOK 431 million, representing 12.67% of Eastern Echo's issued share capital.

Our intent, with this minority stake, is to best position the CGGVeritas Group, and especially Sercel, for continuing cooperation with Eastern Echo in the expanding seismic market.