barry fitz writes up syr and cgg, page-5

Could be Marxist though don't think so as CGG have previously publicised the areas they have (refer June quarterly report)...pretty sure SYR would have been aware of this and therefore not applied for those.

Also don't think they can peg more ground because my understanding of the Saudi Arabian licensing is that there is a limit on how many applications you can have and that CGG have reached this limit. At least that was what I was told.

Not really an issue for CGG though because they have a brilliant project that is going to take up most of their time, as well as the Bari prospect.

I just cant wait to get some details on what SYR have applied for...with only 30 million shares on issue, anything could happen!!!

Cdchi1