Jim Hollis, president and chief operating officer at ION Geophysical, commented, We are delighted that BP has commissioned another series of FireFly surveys, their first using Version 2.0 of the system. As many of you recall, BP was one of our field trial partners for the first-ever deployment of FireFly in November 2006. They are as familiar as anyone with the system and believe there are benefits to using FireFly to image a complex subsurface in this challenging acquisition environment. We expect that our VectorSeis(R) full-wave sensor will allow BP to optimally image unconventional reservoir targets, including portions of the Haynesville shale resource play, while the cableless architecture of FireFly should allow the seismic contractor to efficiently acquire the needed seismic data in an area interspersed with farms, forests, swamps, road crossings, and active mining operations. Should these surveys go well, we believe that additional FireFly-enabled projects may emerge in this area over the next 12-18 months. I should also add that this will be the first deployment of FireFly in which vibroseis will serve as the energy source.
