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Thursday, April 21, 2011

MicroSeismic Bags 2nd Contract in Marcellus Play

MicroSeismic Bags 2nd Contract in Marcellus Play

Thursday, April 21, 2011
MicroSeismic Inc.

MicroSeismic has been awarded a second BuriedArray™ contract in the Marcellus Shale play in northern West Virginia by Gastar Exploration.

"We are excited about our continued work in the Marcellus," said Peter Duncan, CEO and Founder of MicroSeismic, Inc. "This second award demonstrates the work we are doing in the Marcellus and other plays is creating value for our customers."

Gastar's Vice President and Exploration Manager, Keith Blair, commented, "Gastar has used MSI's FracStar in East Texas and because of the knowledge gained we have decided to implement their BuriedArray in our Marcellus Shale Play. We look forward to optimizing our completion techniques and in turn maximizing our production and minimizing our capital investment from the microseismic data gathered."

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