Hello all!

How nice to welcome the shorter month of February and have a frosty January out of the way! Many of you are probably recovering from the cold, and my best guess is some are also recovering from the Doodlespiel held January 28-30, and Ski Spree held February 4-6! Once again, thanks to the organizers who do such a fantastic job of looking after all the details and planning such terrific events.

New Places and Open Spaces

Highview Resources Ltd. is pleased to announce they have moved into their new offices at Suite 700, 635 8th Avenue SW. They also have new neighbours down the hall. HooDoo Hydrocarbons have relocated to Suite 750, 635 8th Avenue SW, T2P 3M3. Congratulations to both on your new office spaces!

CSEG Luncheon

On February 28 at the TELUS Convention Centre, please join Ashley Francis from Earthworks for Limitations of Deterministic and Advantages of Stochastic Seismic Inversion.

Veritas DGC Inc. Reports Vessel Incident

On January 18, Veritas reported its seismic vessel Veritas Viking experienced engine failure while acquiring multi-client seismic data in the Gulf of Mexico. At the time of the incident, the vessel's emergency procedures were followed and no one was injured.

The vessel is currently attempting to retrieve her trailing equipment with the assistance of a support vessel. She is currently located in the Gulf of Mexico approximately 120 miles southeast of Corpus Christi, Texas.

The company has commenced an investigation of the incident. At present, the extent of the loss of or damage to the vessel's trailing equipment is not known. Consequently, the company cannot determine when the vessel will resume production. Should you require additional information, please contact Mindy Ingle, Investor Relations, at 832.351.8821.

Trace Energy Services Ltd. Settles into New Space

The team at Trace is happy to announce they planted roots in a new location in December. Their new address is 3815 32nd Street NE, Calgary, T1Y 7C1. Trace Energy Services Ltd. has also combined the Carstairs shop with the new office space. The phone number, 265-1696, remains the same. Should you have any questions, please feel free to contact Melanie.

Paradigm to Present Advanced, Productivity-Enhancing Tools at Petrotech 2005

Paradigm™, a provider of advanced petroleum geoscience and engineering technology, will present new workflow automation tools in Booth 138 at Petrotech 2005, held January 16-19, 2005, at Pragati Maidan in New Delhi, India.

The new workflow automation tools to be shown are the latest in a long line of leading-edge, customer-centric products that evolve according to industry demands. Integrated into Paradigm’s award-winning epos™ 3 data management and interoperability integration framework, these include advanced tools for automatic fault analysis, surface related multiple attenuation, migrations and velocity model building. For more information, please check Paradigm’s web site: www.paradigmgeo.com.

Kelman Technologies Inc. makes an EAME expansion move

Kelman Technologies Inc. (KTI) announced January 15th, 2005, that it has opened a new Seismic Data Processing & Data Management & Archives Center in London, UK. With this center, KTI will be expanding its geographical presence internationally and expanding its business in the Europe, Africa & Middle East (EAME) region. KTI’s seismic processing service portfolio offers innovative and tailored solutions obtained for both high-resolution stratigraphic and complex and anisotropic highly structural plays. At the London center, a full suite of land & marine seismic processing and data management services will be provided.

“This center will allow clients to tap into the expertise of KTI geoscientists in order to maximize quality, minimize exploration risk and reduce turn around time,” said Dr. Constantine Tsingas, Vice President of KTI’s EAME region. Constantine added, “Providing these services in the EAME also has the added benefits of allowing Seismic Processing and Data Management & Archives projects to be managed without leaving the region and satisfying regional content commitments.”

For more information please contact François Aubin at (403) 294-5270 or Dr. Constantine Tsingas at constantine@kelman.com.

Celebrations for Apoterra Seismic Processing Ltd.

Apoterra Seismic Processing Ltd. is celebrating its 10th year of business and would like to thank the many clients and associates for their valued support. Congratulations, Apoterra! We wish you continued success!

Arcis is on the move!

In March, Arcis and Kary Data (an Arcis company) are moving to the 26th floor of the East Tower of Petro-Canada Centre. The phone numbers and fax numbers will remain the same. The new address is:

2600, 111 - 5th Avenue SW
Calgary, Alberta T2P 3Y6

Arcis offers the energy industry a unique, integrated complement of seismic services; including data processing, participation surveys, data marketing, geotechnical services and access to an extensive data library. For additional information about Arcis and their services, please go to www.arcis.com.

GEDCO’s VSP Day

GEDCO is pleased to announce “VSP Day” for all of the Very Special People interested in VSP work. You are invited to their wine and cheese event on Wednesday, April 6, 2005.

It will be held from 4:00 to 6:00 p.m. at their office, located at 1200, 815 – 8th Avenue SW. There will be a short information session on exciting new VSP work followed by great food and drink. If you’re interested in what GEDO has to offer in VSPs and in partaking in an enjoyable evening of wine and cheese, then please RSVP to their office at 262-5780 or email them at info@gedco.com. Please RSVP by Monday, April 4.

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