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GEOKINETICS INC. ANNOUNCES CORPORATE OFFICE RELOCATION
HOUSTON, TEXAS November 2, 2007 - Geokinetics Inc. (AMEX: GOK), a leader in the seismic industry, announced today the relocation of its corporate headquarters effective November 5, 2007. All of the Company's Houston staff, currently operating out of two office locations, will be centralized in the new corporate headquarters.
Dick Miles, Geokinetics' President and Chief Executive Officer commented, "The new location was selected to accommodate our growth in personnel and is conducive to our expanding business requirements. Geokinetics has seen unprecedented growth over the past two years and this move was prompted by the need to consolidate locations after two major acquisitions. This relocation and consolidation of offices is a key step in our integration efforts to provide an enhanced working environment for our employees to continue to strengthen our spirit of teamwork and create synergies by having our employees in one location. We are excited about our current success and will continue to push forward for more and better business opportunities."
Geokinetics new corporate headquarters is located at:
Physical Address:
1500 CityWest Blvd., Suite 800
Houston, TX 77042
Main telephone number: (713) 850-7600
Main fax number: (713) 850-7330
Mailing address:
P.O. Box 421129
Houston, TX 77242
All current employee e-mail addresses and telephone numbers will remain the same.
This move will consolidate the current offices of Geokinetics Inc. and its subsidiary companies located at One Riverway, Suite 2100 and Suite 400, Houston, TX 77056 and 14521 Old Katy Rd., Suite 100, Houston, TX 77079, including Geokinetics USA, Inc. (formerly Quantum Geophysical, Inc.), Geokinetics Processing, Inc. (formerly Geophysical Development Corporation); Geokinetics Exploration, Inc. (formerly Trace Energy Services, Inc. and Solid State Geophysical); Geokinetics International Holdings, Inc. (formerly Grant Geophysical Inc.); and Advanced Seismic Technology.
About Geokinetics Inc.
Geokinetics Inc., based in Houston, Texas, is a leading global provider of seismic acquisition and high-end seismic data processing services to the oil and gas industry. Geokinetics has strong operating presence in North America and is focused on key markets internationally. Geokinetics operates in some of the most challenging locations in the world from the Arctic to mountainous jungles to the transition zone environments. More information about Geokinetics is available at http://www.geokinetics.com/.
