Fasken Oil & Ranch Selects SIGMA³ for Permian Basin Projects

SEG Annual Meeting, Houston, TX - September 23, 2013 - SIGMA³ has been selected by Fasken Oil & Ranch, Ltd. to provide real-time microseismic fracture mapping, processing and interpretation for key assets in the Permian Basin.

"We have utilized several different companies to acquire microseismic surveys in both the Permian Basin and the Eagle Ford, but the company of choice for us is SIGMA³ due to the fact that they are able to acquire and process data from large-aperture, 40-level arrays," said Glenn Winters, Chief Geophysicist, Fasken Oil & Ranch. "This is more than twice the number of geophones as their competition, and in addition, we believe their processing algorithms are the best in the industry."

"In unconventional reservoirs, it's all about designing and acquiring microseismic data that provides the highest level of confidence in real time and providing our clients with unprecedented insight to make critical business decisions," said Jorge Machnizh, CEO of SIGMA³. "We appreciate the opportunity to help the Fasken team enhance their ability to meet their production objectives and look forward to working with them on upcoming projects."

About SIGMA³
SIGMA³ (Sigma Cubed Inc.) is a leading technology provider for the oil and gas industry that advises oil and gas companies where and how to drill the most prolific wells, while maximizing their production. Through a truly integrated, reservoir-centric portfolio of technology, expertise and services, SIGMA³ delivers an unprecedented level of integration that spans reservoir understanding to production optimization. For more information visit www.sigmacubed.com.


Media contact:
Kathy Ashmore
k.ashmore@sigmacubed.com
+1 281 363 8566