It's always nice to be in the right place at the right time. Just ask the folks at Global Geophysical Services. The company began staffing up and ferreting out private equity financing early last year when there was still considerable angst in the seismic business about overcapacity triggered by the last industry downturn. This was particularly true in the marine environment, where some out-of-work streamer vessels were shooting data simply to keep crew members busy. Fast-forward to only 6 months ago, when Global became operational. Demand for seismic services had essentially undergone a 180° spin from the depths of the dark times. Opportunity knocked, and the new company quickly put four experienced crews to work in widely divergent locales.
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