An international provider of geophysical services and manufacturer of geophysical equipment
http://www.cggveritas.com/default.aspx?cid=24&lang=1
The main purpose of seismic exploration is to render the most accurate possible graphic representation of specific portions of the Earth's subsurface geologic structure.
The images produced allow exploration companies to accurately and cost-effectively evaluate a promising target (prospect) for its oil and gas yielding potential.
I believe in the Peak Oil Theory and its assumption that all the easy oil is gone and it would require a lot of searching and effort to find new reserves.This would mean good business for this company going forward.
A good review from fool.com
http://caps.fool.com/Ticker/CGV.aspx
pe 13.71
$48.76 (04/05/08)
