BOARD OF DIRECTORS

1. The change of the owner was in June 5th, 2015.Geo Energy Group LLC being one of the major geological and geophysical holdings in Kazakhstan became 100% owner and the main partner of GGS-Khazar.In this regard the company was rebranded. For the present moment the full name of the company is a limited liability company “Global Geophysical Services – Khazar”, abbreviated company name – ООО «ГГС-Хазар» in Russian and “GGS-Khazar” LLC in English. Please see the changes in Logo
2. GGS-Khazar LLC is a legal successor of PGS-Khazar LLC and is liable for its debts and agreements. The previous resources as fleet, equipment, and personnel are kept the same. The vessels, hull and geophysical equipment have undergone regular preventive maintenance during out-of-season 2015-2016. The vessels have ship class survey with RMRS, amendments are made in ship documentation with regard to free navigation up to the spring 2017. The company is exploring its participation in different tenders – from HRS and acoustic surveys to 3D4C acquisition.

The Company opportunities can be extended by attracting if necessary the parent company resources including onshore and offshore facilities.