PRESS RELEASE: Spectraseis to Install New Induced Seismicity Monitoring Array in British Columbia, Canada

Spectraseis / Spectraseis to Install New Induced Seismicity Monitoring Array in British Columbia, Canada . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Array will provide local seismicity data in real time to ensure safe and uninterrupted oil and gas field operations

December 10, 2012, HOUSTON. Spectraseis, the technology leader in microseismic fracture imaging, stimulation evaluation and seismic monitoring, has been awarded a new contract for the installation and data processing of a broadband seismic monitoring system in British Columbia.

The system, which will consistent of high sensitivity broadband seismometers installed both at the surface and downhole and Spectraseis' ISV-Pro(TM) web- enabled software, will deliver real-time data on local seismicity to a major oil & gas producer with salt water injection operations in British Columbia.

This information will allow the operator to more precisely monitor and control seismicity - such as small magnitude Earth tremors - in conjunction with their field activities.

By monitoring seismic activity around wellsites, the producer will build a better understanding of local seismicity and any association with their operations. This will allow the company to evaluate whether seismic events are related to their areas of operation and take proactive steps to ensure safe operations.

The ISV-Pro web interface provides easy and secure customer access to processed data and status of stations in the array. A comprehensive data management solution provides secure seismic data archiving and remote data access, as well as hard copy delivery service in a wide range of data formats to fit various viewing and processing applications.

Spectraseis already operates several such arrays for oil & gas producers in the U.S.

Spectraseis CTO, Rob Habiger said:

"Induced seismicity is an area of growing interest to corporate policy-makers and regulators in North America. Our customers are increasingly taking the responsible position of acquiring the data necessary to evaluate and understand seismicity in their areas of operations.

Spectraseis offers a technically advanced solution that can be installed quickly to obtain background seismicity data, and allows for continuous monitoring during local well activity. This reduces the possibility of undetected seismicity leading to unplanned operational shutdowns or public concerns."

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Image A Spectraseis Induced Seismicity Monitoring (ISM) station installed in an area of oilfield operations. [Spectraseis_ISM installation.jpg]

Note to editors

About Spectraseis

Spectraseis is the technology leader in microseismic fracture monitoring and stimulation evaluation. We provide services to many of the world's leading E&P firms, including a growing customer base among North American unconventional resource operators. Spectraseis provides a competitive advantage to its customers through cutting-edge innovations in surface, subsurface and borehole passive seismic monitoring, full-wave data processing and imaging. Established in 2004, Spectraseis has offices in Houston, Denver and Calgary.

Further information about Spectraseis can be found at http://www.spectraseis.com

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Product and company names herein may be trademarks of their respective owners.

Contacts

For further information, contact:

Dan Prairie, BSEE, MPM, Senior Sales Engineer, Spectraseis Phone +1 (303) 658 9166 (direct) Phone +1 (720) 443 9709 (cell) dan.prairie@spectrasseis.com

Todd Chuckry, VP Sales and Business Development Phone +1 (403) 710-6466 (direct) Phone +1 (403) 650-8070 (cell) todd.chuckry@spectraseis.com

Paul Fisher, Axiom Communications Management Phone + 44 1285713776 (direct) Phone + 44 7733224850 (cell) pfisher@axiomcomms.com

Spectraseis press release_Induced Seismicity Monitoring_Dec 10 2012: http://hugin.info/137808/R/1663830/539654.pdf

Spectraseis_ISM installation: http://hugin.info/137808/R/1663830/539652.jpg

Spectraseis_seismic monitoring_brochure: http://hugin.info/137808/R/1663830/539653.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Spectraseis via Thomson Reuters ONE [HUG#1663830]

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http://www.spectraseis.com (END) Dow Jones Newswires

   December 11, 2012 12:14 ET (17:14 GMT)- - 12 14 PM EST 12-11-12