FDSM - 4D Seismic, Inc. Message Board

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Gold/Mining/Energy : FDSM - 4D Seismic, Inc.

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From: jmhollen	6/15/2006 11:30:59 AM
	of 15

4D Seismic (FDSM) Awarded Contract for Humble Oil Field HOUSTON, TX, Jun 12, 2006 (MARKET WIRE via COMTEX) -- 4D Seismic, Inc. (PINKSHEETS: FDSM) has been awarded a contract to develop 4D seismic data for Clayton Ivy in Houston's Historic Humble Oil field. The Humble Oil fields are still active and have produced over 138,835,590 barrels of oil. Humble Oil started in these fields, changing its name to Exxon in a mid 1960s restructuring, and merging with Mobil in 1998 to form ExxonMobil (XOM). 4D Seismic's agreement with Clayton Ivy calls for the company to reinterpret seismic data and adapt it to a 4D format for evaluating and determining possible undetected reservoirs in the Humble Oil field. Data migration should be completed within twelve months. Clayton Ivy, Inc. is the mineral owner of over 100 acres in the Humble Oil field with 23 oil wells. 4D Seismic will be compensated by a fee for service and a participation in any discoveries. With fee income from this project, 4D Seismic will exceed its revenue and net income projections for fiscal 2006 by 40%. Contact: Donald J. Najvar Sr. Vice President Investor Relations 4D Seismic Phone: 281-980-2354 SOURCE: 4D Seimic Inc .

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