Corporate Background

SEISCO, Inc. was formed in April 1992 to provide seismic information and brokerage services to the oil & gas industry. In addition to licensing its proprietary seismic database, SEISCO also offers seismic digitization, processing, A-to-D conversion, tape copy and reproduction services.

SEISCO's management team has over 200 years of combined experience in the seismic brokerage industry, with an average of 35 years per person. Key operating personnel also have geophysical backgrounds with major oil companies prior to entering the seismic field.

Over the past ten years, SEISCO has acquired a large proprietary database of domestic singlefold and multifold seismic data with nationwide coverage from such major and independent oil companies as Amoco, Arco, Ashland, Bow Valley, British-American, Chevron, Cities, Conoco, Enserch, Equitable, ExxonMobil, Fina, Forest, Getty, Great Western, Gulf, Harbert, Kewanee, Marathon, Occidental, Oryx, Phillips, Placid, Plumb, Reserve, Shubuta, Sinclair, Skelly, Statex, Sun, Sunray DX, Tenneco, Texaco, Texas Pacific and Vastar.

SEISCO also has a limited amount of international 2D seismic data, including exploration studies, in such countries as Columbia, Dubai, Ecuador, Keyna, Philippines (Lamon Bay Area), Spain (Alicante and Ibiza Areas) and Thailand. In 1995, SEISCO purchased the assets of GTS Corporation (NASDAQ:GTSC), including its GEOFILEŽ database of approximately 100,000 miles of reprocessed singlefold seismic data.

SEISCO is headquartered in New Orleans, Louisiana, where it stores and maintains its proprietary seismic database in a 26,000 square foot warehouse. The Company's database is comprised of over 200,000 miles of multifold seismic data; and over 1,000,000 miles of singlefold seismic data, 100,000 of which have been digitally reprocessed. SEISCO also maintains a sales office in Houston, Texas.