SOURCE: MicroSeismic Inc.

MicroSeismic Inc.

February 02, 2012 09:00 ET

MicroSeismic, Inc. Names Jeff Bruce as General Manager of Northeast Region

Increased Business in the Marcellus and Utica Shales Drives Regional Expansion

HOUSTON, TX--(Marketwire - Feb 2, 2012) - MicroSeismic, Inc. announced today that Jeff Bruce has been appointed General Manager for the Northeast region. In this role, he will be responsible for overseeing MicroSeismic's business and operations throughout the Appalachian Basin.

"MicroSeismic is on a strong growth trajectory," said Bill Coates, Chief Executive Officer of MicroSeismic, Inc. "Jeff's vast experience building and managing global business units makes him a perfect fit as we continue to increase our presence in strategically important oil and gas basins."

Jeff Bruce has more than 30 years of experience in the global petroleum industry with expertise in frontier exploration through field appraisal and development. He began his career with Conoco in 1980 as a senior geologist and advanced to VP of Exploration for ConocoPhillips in Indonesia and China. In these leadership roles, he was responsible for managing sizeable capital and operating budgets with large and diverse staffs, leading government and regulatory negotiations and was a key decision maker on all exploration activities.

"I am looking forward to my new role with MicroSeismic in an area that holds such potential," said Bruce. "MicroSeismic's technology and services are very efficient and applicable to this region, both in terms of their deployment and real-time solutions they deliver. I'm eager to work with clients and demonstrate how we can help optimally develop their unconventional resources."

Bruce earned a Bachelor of Science in Geology from Edinboro University of Pennsylvania. He is a Certified Petroleum Geologist and a member of the American Association of Petroleum Geologists (AAPG), Society of Exploration Geophysicists (SEG) and Society of Petroleum Engineers (SPE). He also served as the Asia Pacific representative within the AAPG House of Delegates from 2008-2011 and has authored numerous technical papers.

MicroSeismic, Inc. is a completions technology company providing real-time monitoring and mapping of hydraulic fracture operations in unconventional oil and gas plays. Founded in 2003, MicroSeismic is the pioneer in monitoring microseismic activity utilizing surface and near-surface arrays. It is the only company capable of showing operators how the rock is breaking as a result of fracturing. This enables them to optimize well parameters for increased production and recovery as well as identify and avoid potentially sensitive geological areas.

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