Disclosure All presentations today may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements as to expectations, beliefs and…
The Seismic Workflow Cost & Cycle Time Inefficiencies at Different Stages A Typical North American Land Survey Planning Acquisition Processing Interpretation Time 10 60 90 120 = 280 days (Days) 25% 75% Cost 50 2100 400 150 =…
FireFly Vision Improve the image using full-sampling and full-wave Eliminate cables & develop infrastructure to facilitate high productivity Reduce impact on the environment and improve safety Scale station count without…
Improved Azimuthal Sampling Conventional vs. Fully Sampled with FireFly Conventional FireFly (40 Fold) (1,000 Fold) 5
Improve the Image through Better Sampling Conventional sampling FireFly Full Wave/Full Sampling 6
Technology Convergence Consumer Electronics & Military Sectors Drive Innovation LiDAR and Geographic Information Systems (GIS) Flash memory data storage High data-rate wireless Long-life battery systems MEMS technology…
The Firefly Ecosystem Node based, full wave recording system Navigation and positioning geodetic platform Next generation imaging system GIS planning and operations support system Comprehensive data management system…
The Heart of the Firefly Recording System Full-wave, multi- FireFly recording unit component MEMS with GPS, Bluetooth, digital sensors 802.11, VHF, with processor and flash memory 9
Comprehensive Communications Command & Control GPS Satellite system Transcriber GPS VHF Bluetooth and 802.11 Ethernet Field Station Unit Portable Navigation Tool 10
Comprehensive Data Integrity Stake-less Survey & Real-time Data Integrity FireFly Navigation Tool DEM from LiDAR Accurate SEGY headers in real time 11
LiDAR 12
LiDAR 13
FireFly Ecosystem Vision Scale to High Station Counts without Scaling People & Cost Hourly Laborers Acquisition Cost Index (100 = 4000 station, cable-based survey) 200 180 160 140 800 120 126* 700 100 600 80 24,000 stations…
Firefly Ecosystem Applied Project Cycle Time Comparison BP Project ng d yi an ng n si ve g tio g on ur in es n ta -s e y si iti ng oc re es is re rv ni Pr rp qu…
Partners in Development & Commercialization BPs reasons to use FireFly Image Health and safety Environmental impact Cycle time and efficiency 16
Partners in Development & Commercialization Apaches reasons to use FireFly Efficiency and cost reduction Stealth Acquisition Cycle time reduction Image HS&E 17
FireFly Pre-Commercialization Deal Structure Acquire 10k FireFly Survey Rent 10k FireFly For 360 Days Manufacture, Sell & System Owner Warrant 10k FireFly Rent 10k FireFly For 360 Days Early Adopter Champions…