APRIL 2008

GMI Launches 3D Geomechanics Services

HOUSTON, Texas - GeoMechanics International, Inc. (GMI) announces the launch of a new service that provides 3D mechanical simulations of the stress field around salt structures.  This new service avoids unrealistic assumptions that are generally used for wellbore stability analyses, such as the vertical stress being a principal stress, and thus is capable of providing a far more reliable prediction of safe mud weights than a standard analysis. Recent application of this service in exploration wells in the Gulf of Mexico showed that the prediction of the frac gradient was significantly improved and the salt exit location could be optimized from a stability aspect.

"We are very pleased to be introducing this new service," said GMI President Patrick Keenan. "For expensive sub-salt wells, wellbore stability optimization is of paramount importance. Now, GMI can provide customers with 3D stress fields around salt domes that take into account the specific geometry and deformation behavior of salt. We believe it provides a significant advance in the field of geomechanics."

DECEMBER 2007

GMI Promotes O'Conor to Vice President

GeoMechanics International, Inc. (GMI) announces the promotion of Peter O'Conor to Vice President, Global Sales. In this newly created position, O'Conor will provide focus and leadership for the company's worldwide sales efforts. He will continue to be based at GMI's headquarters in Houston.

O'Conor joined GMI in 2002 as Director of Sales, with over 25 years of experience during which he has established a track record for opening and growing markets for emerging technologies in the oil and gas industry. He was a founding member of Paradigm Geophysical where he held various technical and sales positions, including President-Americas Region and Corporate Vice President, Major Accounts. He also worked as a petroleum geophysicist with Gulf Oil Corp.

O'Conor has a B.S. degree in applied geophysics from Columbia University, New York. He is a member of the Society of Petroleum Engineers, American Association of Petroleum Geologists, Society of Exploration Geophysicists and South East Asia Petroleum Exploration Society.

NOVEMBER 2007

GMI Promotes Ward to Vice President

GeoMechanics International, Inc. (GMI) announces the promotion of Chris Ward, Ph.D. to Vice President, Operations, with responsibility for the company's worldwide operations. He will continue to be based at GMI's headquarters in Houston.

Dr. Ward joined GMI in 2001 as Director, Real-time Technology, directing development of GMI's real-time wellbore stability products and services. In 2003, he was named Director, North and South America, responsible for directing the company's consulting services, software sales and training in that region. Prior to joining GMI, Dr. Ward held numerous positions with Sperry Drilling Services, a division of Halliburton. He has a Ph.D. in geochemistry and a B.Sc. degree in geology, both from the University of London. He is a member of the American Association of Petroleum Geologists and the Society of Petroleum Engineers.

"The North and South America Region has experienced phenomenal growth over the past three years, thanks to the leadership of Dr. Ward," said Patrick Keenan, GMI President. "With his guidance, we believe the other regions will achieve similar growth."

FEBRUARY 2007

GMI Opens Calgary Office

GeoMechanics International, Inc. has opened an office in Calgary, Alberta, Canada to serve its northern U.S. and Canada clients. Tim Conn, Business Development Manager for Canada and Northern U.S., will be based in the new office, located at Suite 225, 404-6th Ave. S.W., Calgary, Alberta T2P 0R9. The telephone number is 403.668.5554.

Patrick Keenan, President, noted that "GMI continues to grow. The need for the Calgary office is a result of the growing demand for geomechanics analysis and consulting services in North America."

Calgary is the company's eighth worldwide location, joining Houston; Menlo Park, Calif.; Perth; Kuala Lumpur; Mainz; Aberdeen; and Dubai.

GMI Names Two Business Development Managers

GeoMechanics International, Inc. has added two senior executives to support client relationships.

Tim Conn has joined the North and South Americas Region as Business Development Manager for Canada and Northern U.S. He will be based in Calgary, Alberta, Canada.

David Bowling has joined the Asia Pacific Region as Business Development Manager and will be based in Kuala Lumpur, Malaysia.

Conn, who has 25 years of industry experience, was International Sales Manager for PROMORE Engineering, a Core Laboratories company. He has a Diploma of Engineering Technology (drilling major) from Southern Alberta Institute of Technology.

Bowling has 17 years of experience in the upstream oil and gas industry. Most recently he was Technical Director-Well Services, Southeast Asia Pacific, for RPS Energy, Malaysia. Prior to that he served as Director and Regional Manager, South East Asia, for Cambrian Consultants Asia Sdn Bhd. Bowling holds a Master of Science degree in Exploration Geophysics and a Bachelor of Science degree in Geophysical Sciences from the University of Leeds in the UK.

GMI Names Two New Board Members

GeoMechanics International, Inc. has elected two new directors to its board.

Joining the GMI board are Dan Jezerinac, President, Dresser Natural Gas Solutions, a division of Dresser, Inc., and Randy Keys, CEO/owner of Safari Hardwoods of Houston and former CFO of BPZ Energy, Inc. of Houston.