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                  Searcher announces strategic partnership with NVentures Ltd on the GeoClerk platform

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                  Press releases

                  Searcher announces strategic partnership with NVentures Ltd on the GeoClerk platform

                  12 Nov 2020

                  PERTH, WA (12 November 2020) – Searcher, a leading service provider of global multi-client geoscience products for exploration & production companies, has entered into a strategic partnership with NVentures for hosting and integrating the NVentures competitor intelligence database on Searcher’s advanced geo-imagery search engine – GeoClerk.

                  The partnership will provide users of GeoClerk with the ability to add the NVentures database onto their GeoClerk subscription. In doing so, users will be able to search for geo-imagery through GeoClerk’s open-file database and the NVentures database with the platform intelligently identifying and classifying images into relevant categories.

                  The NVentures global E&P database consists of geology-rich reporting, maps and presentations, providing valuable and up to date information and insight to exploration teams monitoring upstream activity and local exploration results. This includes subsurface context with unique Joint Venture collaboration, and timely actionable intelligence to support New Ventures and Business Development groups analysing opportunities, trends and the farm-out market. Service companies utilise the NVentures product suite to determine market focus and resource priorities.

                  GeoClerk is an advanced geo-imagery search engine, utilising machine learning to intelligently extract imagery and surrounding data from all types of documents, classifying them into intuitive and geologically relevant categories. In addition to searching publicly accessible content on the internet, GeoClerk searches for proprietary content held within several of its plug-ins from institutional and government databases.

                  Alan Hopping, VP for Searcher, said, “We are very pleased to welcome and develop the new partnership with NVentures. The NVentures database is a valuable resource within the industry and a great addition to the GeoClerk platform.”

                  “GeoClerk is a platform through which geoscientists around the world can at last access not only their own data but also GeoClerk’s growing inventory of proprietary databases. The addition of the NVentures plugin to GeoClerk will allow our users to search through years of highly technical data in an instant, saving them hours of  endless research by having all available data accessible via one centralised and searchable platform, GeoClerk,” Alan Hopping stated.

                  Peter Elliott, Director NVentures Ltd said “NVentures clients know and appreciate the value of collaboration in the exploration industry, and we are proud and excited to continue this valuable tradition with GeoClerk from Searcher Seismic. NVentures is working hard with its Joint Venture partners on behalf of our clients, and GeoClerk will provide an efficient platform from which to find and utilise vital E&P activity information, along with other vital industry sources.”

                  About Searcher

                  Searcher Seismic Pty Ltd is a leading service provider of multi-client geoscience data to the global oil and gas exploration and production industry. In addition to extensive global geophysical and geological data libraries that include multi-client 2D and 3D seismic data, magnetics and gravity data, geochemical surveys, digital well databases and prospectivity studies, Searcher also offer advanced technological software products. These products include, Seisintel, an online marine survey and vessel tracking software, sAIsmic, a web platform which provides global seismic data on-demand with native support for deep learning and GeoClerk, a web-based search engine that utilizes machine learning to source and classify industry related geo-imagery.

                  About NVentures

                  NVentures Ltd is an upstream exploration firm specialising in technical and commercial intelligence for explorationists. Working in the upstream sector for 25 years, the firm delivers high quality, comprehensive data and reports to oil companies and service companies worldwide. In collaboration with industry JV Partners, NVentures brings together vital technical resources to help understand exploration results and trends. NVentures is the source for up to date, insightful and well-illustrated E&P activity information, helping track activity and point to new trends and future successful exploration.

                  Further Details

                  For more information on database partnerships or to request a demonstration of GeoClerk visit www.searcherseismic.com or contact us directly:

                  Paul Larsen
                  Vice President Sales & Commercial
                  sales@searcherseismic.com

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                  Perth (Head office)

                  Suite 1, Level 4, South Shore Centre,
                  85 South Perth Esplanade, South Perth,
                  Western Australia 6151, Australia

                  Phone:  (08) 9327 0300
                  Email:  sales@searcherseismic.com
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