SOURCE: SMT

SMT

August 31, 2010 07:15 ET

SMT Identifies Top Geoscientists in India Using KINGDOM

Award Ceremony Held to Honor "Top Interpreter" Contest Winners

HOUSTON, TX--(Marketwire - August 31, 2010) -  Seismic Micro-Technology (SMT), the leader for geoscientific interpretation software, today announced its KINGDOM Top Interpreter Awards Ceremony was held in Mumbai, India on August 26, 2010. The ceremony recognizes cutting edge geoscience field evaluation work submitted by contest participants throughout the year. Four top winners, representing three Indian petroleum exploration companies -- GVK Oil and Gas Ltd., ONGC and TATA Petrodyne Ltd. -- were selected from nearly 100 entrants. The winners were announced at the Awards Ceremony.

"With an accelerating economy, India continues to seek new ways to achieve greater energy independence. As a result, the nation is rapidly expanding its pool of petroleum exploration talent. SMT's Awards Ceremony recognizes and honors a few of those individuals who are dedicating their talents toward the industry's ongoing effort," said Indy Chakrabarti, Chief Marketing Officer, SMT.

The contest began in early 2010 and required participants to demonstrate novel field evaluation techniques using KINGDOM software. A panel of three experienced geoscientists analyzed the applications and determined the final winners. The official recognition ceremony took place at the Trident Hotel in Mumbai, with SMT CEO and President, Arshad Matin as Master of Ceremonies.

"With the rise of shale oil and gas, India has a unique opportunity to move towards energy self sufficiency. It will take both top geoscience talent and leading technology to make this transition rapidly and safely. We, at SMT, are very happy to help the Indian geoscience community become leaders in exploration," said Koid Tengbeng, President International at SMT.

As a result of the success of this initial contest, SMT will announce a new India-wide contest, focused on cutting edge shale play interpretation techniques in the coming weeks.

About SMT
Seismic Micro-Technology, the market leader for geoscience software, helps organizations find oil and gas faster. The company's KINGDOM software allows geoscientists to focus on the analysis, not on managing the tools. SMT software enables intuitive interpretation, 3D modeling, analysis and data management, in one integrated executable. Customers can install and interpret data in the same day. With 2,700 customers in 95 nations, SMT has demonstrated performance proven to scale. SMT is headquartered in Houston, Texas with offices in Abu Dhabi, Calgary, Croydon (UK), Moscow and Singapore. For more information, visit www.seismicmicro.com

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