MicroSeismic, Inc. Deploying Buried Array Program in the Haynesville Shale on Behalf of Common Resources

MicroSeismic, Inc. (MSI), a leading geophysical service company providing 3-D passive seismic imaging for energy exploration and production, today announced that it has been awarded its third contract for its Buried Array microseismic monitoring product. The contract was awarded by Common Resources LLC, a Houston-based exploration and production company that is focused on the domestic onshore basins of the Gulf Coast, West Texas and Mid-Continent regions.

MSI will install the Buried Array for Common Resources in the Haynesville Shale play to provide microseismic monitoring, mapping and analysis for hydraulic fracturing of multiple wells. This will enable Common Resources to monitor the primary, secondary and tertiary activity, in a variety of reservoir conditions, for their Haynesville wells during the next few years.

The system applies MSI’s proprietary PSET® analysis to the seismic data collected by MSI’s Buried Array as the reservoir undergoes fracture stimulation. The Buried Array is significantly less expensive to install and maintain than a permanently installed downhole array and does not require the repetitive logistics that exist with temporary surface or downhole arrays. An additional cost benefit with the utilization of a Buried Array or a surface array, is the advantage of not requiring dedicated monitoring wells, which are very expensive to drill in the Haynesville and are often negatively impacted by the high temperatures characteristic of the Haynesville.

“The reduction in oil and gas prices is forcing operators to seek more effective, lower cost solutions to optimize their properties. Our clients realize the value of the critical information that can be gained from the microseismic monitoring of their frac jobs with MSI’s proprietary technology,” said Peter Duncan, Ph.D., CEO of MicroSeismic. “As a result, we are experiencing an increased demand for our buried and surface array technology and monitoring services. The unprecedented increase in demand for passive seismic monitoring from surface and buried arrays reflects a broad market acceptance of the technology.”

MicroSeismic, Inc. has installed more than 75 square miles of permanent, near-surface arrays since the product was launched late last year. The company has developed several proprietary technologies for passive seismic and has completed more than 100 projects for more than 40 domestic and international oil and gas companies. For more information visit: www.microseismic.com.

About MicroSeismic, Inc.

MicroSeismic, Inc. is a leading provider of passive seismic and microseismic data acquisition, analysis and interpretation to the global oil & gas industry. MSI’s technology and services enable E & P operators to better manage their reservoirs, increase their production rates and decrease their completion costs and risks.

Microseismic monitoring is the practice of listening to the seismic noise emitted from a reservoir to directly detect patterns of fluid movement, fracture development, compaction or faults. Passive seismic imaging is 3-D structural imaging using existing, often naturally occurring, sound sources, rather than dynamite or vibrators. Passive seismic technology enables seismic exploration in places that are difficult to reach or environmentally sensitive.

About PSET®

Passive Seismic Emission Tomography, PSET®, utilizes a FracStar® array of surface detectors to locate very low level acoustic energy emissions associated with hydrocarbon producing activities. The surface array approach has the advantage of not requiring dedicated monitor wells. There are many potential sources of seismic energy from within the reservoir, all associated with specific dynamic reservoir interventions. Mapping of these energy fields can yield valuable information to optimize frac treatments and other processes.