-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EDPC6RAkizvakaf6OWXvBUvQeV0ydqmkjdL93++bpcNS1qr7Ix2nH/TSmb4sDcgi I831jcgiBtMxwqffpajIbA== 0001171843-11-000339.txt : 20110207 0001171843-11-000339.hdr.sgml : 20110207 20110207173042 ACCESSION NUMBER: 0001171843-11-000339 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110207 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110207 DATE AS OF CHANGE: 20110207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global Geophysical Services Inc CENTRAL INDEX KEY: 0001311486 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34709 FILM NUMBER: 11579651 BUSINESS ADDRESS: STREET 1: 13927 SOUTH GESSNER CITY: MISSOURI CITY STATE: TX ZIP: 77489 BUSINESS PHONE: 713-972-9200 MAIL ADDRESS: STREET 1: 13927 SOUTH GESSNER CITY: MISSOURI CITY STATE: TX ZIP: 77489 8-K 1 document.htm FORM 8-K FILING DOCUMENT Form 8-K Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 7, 2011  


Global Geophysical Services, Inc.
(Exact name of registrant as specified in its charter)


Delaware
 
001-34684
 
05-0574281
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)


 
13927 South Gessner Road
Missouri City, TX
 
77489
 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (713) 972-9200



________________________________________________________________________________
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    [    ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    [    ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    [    ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    [    ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On February 7, 2011 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

    Exhibit 99.1.       Press release dated February 7, 2011


SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    Global Geophysical Services, Inc.
(Registrant)

February 7, 2011
(Date)
  /s/   MATHEW VERGHESE
Mathew Verghese
Senior Vice President & Chief Financial Officer


  Exhibit Index
  99.1 Press release dated February 7, 2011






EX-99.1 2 newsrelease.htm PRESS RELEASE Global Microseismic Services, Inc. Acquires STRM LLC

EXHIBIT 99.1

Global Microseismic Services, Inc. Acquires STRM LLC

HOUSTON, Feb. 7, 2011 (GLOBE NEWSWIRE) -- Global Geophysical Services, Inc. (NYSE:GGS) today announced that its wholly owned subsidiary Global Microseismic Services, Inc. ("GMS"), has acquired STRM LLC ("STRM"), a transaction which closed on February 1st, 2011. Peter Geiser, a Founder and Principal Owner of STRM will join GMS as its Chief Technologist for Tomography-based Natural Fracture Imaging.

STRM technology, protected under two U.S patents, delivers detailed images of the fracture networks in reservoirs via tomographic analysis of energy emitted from subsurface activity such as hydraulic fracturing, oil and gas production or the natural background seismicity of the earth.

Christopher Usher, Global's CTO, commented: "The technology and IP that STRM brings to Global Microseismic Services allows us to provide a step change in frac monitoring and analysis. By providing clear images of fractured geology, we eclipse the industry's current standard of simply displaying dots in a box during frac monitoring."

Peter Geiser, Founder of STRM, noted, "We have been validating this technology for many years, including analysis over unconventional resource plays.   I am excited about this opportunity for the STRM Tomographic Fracture Imaging scans to be commercialized on a large-scale basis through Global Microseismic Services field-wide monitoring grids and high performance microseismic data processing solutions."

Global will integrate the STRM team, IP and software technology within its GMS subsidiary, and will immediately offer the Tomographic Fracture Imaging analysis and interpretation solutions as a compliment to its current microseismic monitoring offerings.

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 to Gain InSight. To learn more about Global Geophysical Services, visit www.GlobalGeophysical.com.

The Global Geophysical Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7300
CONTACT: Mathew Verghese
         Chief Financial Officer
         www.globalgeophysical.com
         13927 South Gessner Road
         Missouri City, TX 77489
         Phone: 713-808-1750
         Fax: (713) 972-1008
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