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CGGVeritas Updates 2Q Vessel Utilization

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Business Wire
July 10, 2012

CGGVeritas (GA.PA) (CGV) (ISIN: 0000120164 – NYSE: CGV) provides its vessel utilization and its fleet allocation updates for the second quarter of 2012.

Vessel utilization for the second quarter 2012:

• The vessel availability rate1 was 91%.This compares to a 92% availability rate in the second quarter of 2011 and a 84% rate in the first quarter of 2012.• The vessel production rate2 was 91%. This compares to a 85% production rate in the second quarter of 2011 and a 92% rate in the first quarter of 2012.

Fleet allocation ...


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