VGS Seismic Canada Inc.

VGS Seismic Canada Inc.

January 24, 2007 11:43 ET

VGS Seismic Canada Announces Availability of Cameron 3D Seismic Data

CALGARY, ALBERTA--(CCNMatthews - Jan. 24, 2007) - VGS Seismic Canada Inc., (the Company) (TSX VENTURE:VGS) is pleased to announce the release of the Cameron 3D dataset (the Data) to the Exploration and Production industry. The Cameron 3D survey is the highest fidelity survey that VGS has recorded to date and is the largest survey in the growing VGS library.

The survey was split into two separate commercial phases, and spans 350 square kilometers. The survey represents 12.7% of the current VGS 3D data library. VGS has licensed a single copy of the entire dataset and an additional license to 83% of the survey area. The mineral ownership research prior to survey commencement revealed 24 mineral owners in the survey area. Fourteen of the mineral owners have been identified as oil companies and the remaining 10 mineral titles have been identified as land companies.

In order to maintain a long shelf for this product the Data was acquired in 2006 utilizing the newest surveying and recording techniques and technology. The Data was processed with state of the art software.

For information regarding this survey please find a map posted at:

About the Company

The Company carries on the business of pursuing opportunities in the creation, acquisition and marketing of seismic data for use in the oil and natural gas industry and trades on the TSX Venture Exchange ( under the symbol VGS.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • VGS Seismic Canada Inc.
    Scott Milroy
    Chief Financial Officer
    (403) 263-6050