Formation Evaluation Services


On December 30, 2011 Integra Group announced the completion of the transaction to combine IGSS, the entity through which Integra Group and Schlumberger Oilfield Holdings Limited conducted their land and transition zone seismic joint venture in Russia and the CIS, with the seismic business of Geotech Oil Services Holding Limited, conducted through Geotech Holding JSC. Following the completion of this Transaction, Integra Group presently holds 36% of the entire enlarged issued share capital of IGSS as an equity investment and no longer offers seismic services to its customers.. As previously announced, Integra Group intends to spin-off its 36% stake in IGSS to its eligible shareholders and eligible holders of its GDRs in proportion to such shareholders’ and Integra Group GDR holders’ respective holdings in Integra Group.

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