What's New
Arcis welcomes Dr. Peter Cary and the planned addition of multicomponent processing to its service offerings
Calgary, Alberta – October 20th, 2011
Arcis Corporation is pleased to announce the addition of Dr. Peter Cary to its geophysical team and the planned addition of multicomponent processing to its service offerings.
The addition of Dr. Cary to Arcis’ research team represents another milestone in Arcis’ plan to become a global leader in seismic processing and in the ongoing development of our proprietary APX™ processing platform. Arcis’ President and CEO, Brad Torry, commented that “this addition represents our continued commitment to clients and industry to invest in leading geophysical technology”. Torry went on to say that “the future addition of multicomponent seismic processing to our existing arsenal of geophysical processing and reservoir application tools will aid Arcis in delivering enhanced imaging solutions around the globe.” Arcis looks forward to releasing more information on its software and services over the coming months.
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Arcis Corporation announces it has successfully completed the purchase of all the outstanding shares of VGS Seismic Canada Inc.
Calgary, Alberta - August 26th, 2011:
Arcis Corporation is pleased to announce that it has successfully completed the purchase of all the outstanding shares of VGS Seismic Canada Inc.
This acquisition has materially expanded Arcis’ 3D seismic data library from approximately 6,940 to 11,856 net square kilometers (a 71% increase), and adds approximately 4,772 net kilometers of 2D seismic data for a total of 6,003 net kilometers (a 387% increase). Arcis’ President and CEO, Brad Torry, comments that “this transaction represents a significant step in Arcis’ growth and includes strategic assets that complement Arcis’ existing library”. Torry, along with Holly Elrick Sr. VP Finance & CFO, went on to say “the transaction provides improved access for our clients to high quality seismic assets combined with enhanced technical solutions. Using Arcis’ proprietary processing technologies, we are able to provide enhanced imaging solutions in new and emerging play fairways.” The purchase includes assets in North East British Columbia, Alberta and Saskatchewan that are complementary to Arcis’ existing database, reaffirming Arcis’ position as a leading provider of high resolution, modern seismic data to the Canadian exploration industry.
