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Potential Growth Drivers:<br />

Gulf of Mexico Market will Recover<br />

• Proven prospectivity<br />

• Over the last three years approximately 10-<br />

15% of 3D capacity has on average<br />

operated in GoM<br />

• After Macondo most of capacity was moved<br />

out of GoM and absorbed elsewhere with<br />

limited price pressure<br />

Tiber discovery<br />

• News from US Department of the Interior<br />

provides positive sentiment for industry to<br />

gradually return to normal<br />

• GeoStreamer’s unique low frequency<br />

attributes coupled with Full Waveform<br />

Inversion (FWI) can provide significant ifi uplift<br />

vs. present Wide Azimuth solutions<br />

-10-

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