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Global Geophysical Services Inc.

12/19/2012 | Press release

Global Geophysical Services, Inc. Announces Two New Executive Appointments

distributed by noodls on 12/19/2012 17:56

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HOUSTON, Dec. 19, 2012 (GLOBE NEWSWIRE) -- Global Geophysical Services, Inc. (NYSE:GGS) (also referred to as "Global" or the "Company") today announced the appointment of Ross Peebles to the position of Senior Vice President, E&P Services and Lawrence (Larry) Scott to the position of Vice President, Global Microseismic Services (GMS).

Ross Peebles and his team will work collaboratively with Global's clients to facilitate the application of GGS' data, technology, workflows, and experience directly to their exploration and production objectives. He will be responsible for all aspects of seismic and microseismic processing and interpretation relating to exploration and production services. Mr. Peebles joined Global in 2011 and was responsible for the development of our Unconventional Consulting business unit. He recently served as the Vice President of Interpretation prior to his current role as Senior Vice President, E&P Services. He has over 20 years of experience in geosciences and professional services related to hydrocarbon exploration and production.

Richard White, Global's President and CEO, states "We are very excited to have Ross, with his vast knowledge and experience, join our executive team."

Larry Scott's main responsibilities will be directly related with the future development of the GMS business segment, specifically in the area of those high potential technologies associated with Microseismic and Tomographic Fracture ImagingTM (TFI). Mr. Scott has over 30 years of diversified experience in all facets of the application of geophysical technology, including field operations, data processing, research and development, and applied technology.

"We are very excited to have Larry leading the technology efforts in this important business segment. He brings a wealth of experience, as well as tremendous organizational and motivational skills to GMS," added Richard White.

About Global Geophysical Services, Inc.

Global Geophysical Services, headquartered in Houston, TX, provides an integrated suite of seismic data solutions to the global oil and gas industry including high-resolution RG-3D Reservoir Grade® seismic data acquisition, microseismic monitoring, seismic data processing and interpretation services, and Multi Client data products. Global Geophysical Services combines experience, innovation, operational safety and environmental responsibility with leading edge technology to facilitate the success of its clients by providing them the tools and solutions to Gain InSightTM. To learn more about Global Geophysical Services, visit www.GlobalGeophysical.com.

CONTACT: Global Geophysical Services, Inc.

         Mathew Verghese

         Chief Financial Officer

         ir@globalgeophysical.com

         Phone: 713-808-1750

         Fax: (713) 972-1008

         www.globalgeophysical.com

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