[oil and gas] ‘poor’ geophysique buys ‘poorer’ veritas

As you might know, French oil and gas field surveyor Geophysique is buying U.S. rival Veritas in cash and stock, establishing a major new global player in the oil exploration industry. Associated Press says that companies offering seismic surveys and other oil exploration services are doing strong business around the world, amid the broadly rising demand for oil and pressure on reserves.

So why are the seismic companies unhappy with the oil companies? Article here...