HOUSTON, Sept. 6, 2016 /PRNewswire/ -- ION Geophysical Corporation (NYSE: IO) today announced that its Mexican entity was approved by Mexico's National Hydrocarbons Commission (CNH) to conduct reserve audits in Mexico. ION is now one of only seven independent agencies registered to audit and certify reserves estimates.
ION E&P Advisors partner with oil and gas operators, energy industry regulators and capital institutions to capture and monetize E&P opportunities worldwide. ION provides technical analysis and commercial and strategic evaluation across the exploration and production value chain from basin to reservoir scale.
Brian Horn, Senior Vice President of ION's E&P Advisors group, stated, "We are pleased to provide our broad range of services to enable companies to successfully explore and produce oil and gas in Mexico. ION's geoscience and engineering staff have over 200 years of E&P experience at all levels of evaluation."
ION is a leading provider of technology-driven solutions to the global oil & gas industry. ION's offerings are designed to help companies reduce risk and optimize assets throughout the E&P lifecycle. For more information, visit iongeo.com.
ION (Investor relations)
Executive Vice President and Chief Financial Officer
Steve Bate, +1 281.552.3011
ION (Media relations)
Vice President, Communications
Rachel White, +1 281.781.1168
The information herein contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include information and other statements that are not of historical fact. Actual results may vary materially from those described in these forward looking statements. All forward-looking statements reflect numerous assumptions and involve a number of risks and uncertainties. These risks and uncertainties include risks associated with the timing and development of the Company's products and services, the competitiveness of offers, pricing pressure, decreased demand, and changes in oil prices; and political, execution, regulatory, and currency risks. Additional risk factors, which could affect actual results are disclosed by the Company in its fillings with the Securities and Exchange Commission ("SEC"), including its Form 10-K, Form 10-Q and Form 8-ks filed during the year. The Company expressly disclaims any obligation to revise or update any forward-looking statements.
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SOURCE ION Geophysical Corporation