Wednesday, June 19, 2013

Global Geophysical Services 10.5% of 5/1/2017

Azimuthal Analysis and Processing


In fractured rocks, velocity varies as a function of Azimuth. Global's analysis software performs Prestack Azimuthal Imaging for a range of velocity azimuths and magnitudes. Dozens of images are created for each surface location. At each location, the image with maximum coherency is picked to create a volume of velocity directions and magnitudes.


I have been telling you about bonds that have a short term maturity. When I say short term, I am talking about 4 years or less from purchase to maturity of the bond. Global Geophysical Services Moody’s rating is Caa1 and its Standard and Poor’s Rating is B+. The bond gives $105 per year and sold recently for $919.50 each. The recent yield was 13.19%. The CUSIP No. is 37946SAB3.


If this bond is purchased with 3 years and 6 months to go to maturity, the bond holder would get $367.50 in interest plus at the purchase price of $919.50, the bond holder would get $80.50 at maturity. So on a $919.50 investment, the bond holder would make $ 448.00 for a total return of 48.722%.

Global Geophysical (NYSE: GGS) recent stock price is $4.11.

Global Geophysical is leading the industry in fracture prediction, an emergent technology that has become a critical production indicator to oil and gas E and P activities worldwide.
Processing and imaging solutions are provided by the E and P Services group at Global Geophysical, providing expert consulting, seismic data processing, geophysical, geological, and engineering services to the energy industry. E and P Services is an expert provider of azimuthal processing solutions for enhanced imaging and fracture prediction.

Global Geophysical Services' RG3D acquisition technology, combined with E and P's azimuthal processing solutions and fracture prediction maximizes seismic image potential.



Processing, Analysis and Interpretation Solutions

High-fidelity time and depth imaging

P-wave fracture prediction

AVO prospecting and portfolio ranking

Regional studies and reservoir characterization



The E and P Services technical team includes major-oil company trained geoscientists as well as service company professionals with extensive field experience.

Worldwide Offices


US Offices

HOUSTON, TEXAS - Corporate Headquarters

Global Geophysical Services, Inc.

13927 South Gessner Road

Missouri City, TX 77489 US

713-972-9200 [office]

713-972-1008 [fax]

Email: contact@globalgeophysical.com

This high-yield bond is short term meaning that the investor has protection from interest rate and inflation risk. This investment would be great for saving for that big ticket item four years from now or for retirement.

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