SOURCE: MicroSeismic Inc.

MicroSeismic Inc.

April 14, 2011 10:00 ET

MicroSeismic, Inc. Names David Bird General Manager, Denver Office

HOUSTON, TX--(Marketwire - Apr 14, 2011) - MicroSeismic, Inc. (MSI), a leading geophysical service company providing 3-D passive seismic imaging for energy exploration and production, today announced that David Bird has been named General Manager (GM) over MSI's Denver, Colorado, office.

Bird brings over 30 years of geophysical experience to MSI, and joins the company from NFR Energy in Denver, where he served as Senior Geophysical Advisor. Prior to NFR, David held the positions of North American Vice President at Geomage and Exploration Advisor for Samson where he was responsible for coordination of exploration efforts in the Rockies and Canada including final technical and economic review of exploration wells.

Bird's position comes in response to a need for expansion in the Rockies, Mid-Continent region. Increased sales and operations and a number of new employees makes this region a significant focus for MSI's business going forward.

"This is an important and growing market," said Peter Duncan, Ph.D., CEO and Founder of MicroSeismic, Inc. "We're adding David, as a senior lead to grow business and respond to operators in that region."

"I'm really looking forward to the challenge," said David Bird, GM, Denver, MicroSeismic, Inc. "With the increased activity in the Bakken and Niobrara, I see huge potential for expanding MSI's presence in the region."

MSI invented surface microseismic monitoring and is the only company able to do it in real-time. The company's permanent, near-surface BuriedArray™ delivers highly accurate results and offers operators the lowest per well monitoring cost in the industry. Last year, MSI monitored over 200 wells and 3,053 frac stages. This experience has built a base of knowledge that can be directly applied as they transition into international markets.

MicroSeismic's proprietary processing and imaging technology (PSET®) is found to be applicable to reservoir and long-term life of field monitoring. Additionally, as an independent, MSI serves as an unbiased auditor of their clients' completions and development programs, delivering honest, accurate results with no conflict of interest.

About MicroSeismic, Inc.
MicroSeismic, Inc. (MSI) is an independent global geophysical service company providing real-time monitoring and mapping of hydraulic fracture operations for developing unconventional oil and gas plays. Founded in 2003, MSI is the pioneer in monitoring microseismic activity utilizing surface and near-surface arrays. MSI's technology provides real-time information on fracture location and geometry helping operators increase production and recovery while decreasing cost and risk. For more information, visit www.microseismic.com.

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