MCG operational update on Mexico Multi-Client 2D seismic survey

MCG is pleased to inform that Geoex International will finance part of the project in offshore Mexico. Tom Wolden, CEO comments: “Geoex International is a geophysical and geological service company with focus on Multi-Client projects. MCG will operate, manage the project and wholly commercialize the data, in accordance with the CNH rules and regulations, while Geoex International will add value to the project through their experienced professional team in addition to opening up other investment possibilities for both parties in Mexico”.

For further information, please contact:

Tom Wolden, CEO

Email: tom.wolden@mcg.no

Tel: +47 90893006

About MCG:

MCG is an international marine seismic data provider, specializing in multi-client seismic surveys offered to oil & gas companies worldwide. We focus on core activities in the seismic value chain, which include the identification of prospective oil and gas exploration areas for new surveys, project design, marketing and sale of seismic data. MCG has a dedicated and experienced workforce located in Norway, USA and Singapore. The MCG data library of Multi-Client data contains projects from Norway, Mexico, Indonesia, Australia, Barbados, Alaska and US East coast.