Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. NASDAQ OMX GlobeNewswire Message Board

IAGC Urges Congress to modernize outdated law to i

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 301275
(Total Views: 33)
Posted On: 07/18/2017 12:00:24 PM
Avatar
Posted By: News Desk 2018
IAGC Urges Congress to modernize outdated law to increase business certainty and efficiency and endorses SEA Act

Houston, TX, US, July 18, 2017 (GLOBE NEWSWIRE) -- The International Association of Geophysical Contractors (IAGC) today in a hearing of the House of Representatives Natural Resources Committee’s Subcommittee on Oversight and Investigations on “Examining Impacts of Federal Natural Resources Laws Gone Astray, Part II”  appealed to Congress to make changes to the Marine Mammal Protection Act (MMPA) of the 1970’s to meet the needs of the 21 st century.

Speaking of the now more than seven-year process of evaluation and issuance of permits for oil and gas exploration using seismic surveys in U.S. Atlantic waters overseen by the Bureau of Ocean Energy Management (BOEM) and the National Marine Fisheries Service (NMFS), Nikki Martin, President of the IAGC said, “I have experienced first-hand the detrimental impacts of non-transparent and delayed decision making on the geophysical industry stemming from an outdated law, the MMPA, currently administered by agencies and exploited by advocacy groups in ways that were never envisioned by Congress.”

Martin also said seismic surveying, which is critical to identifying the nation’s energy supplies is often hampered by extreme environmental advocacy groups that abuse existing regulatory and litigation processes.

Martin endorsed the Streamlining Environmental Approvals Act of 2017 (SEA Act) introduced on June 27 th by Congressman Mike Johnson (LA-04).  “The SEA Act provides a much-needed common-sense approach to ensure that offshore energy exploration and other critical activities can move forward, Martin said. She added, “This important bill will provide certainty in the application process, in line with the original intent of the MMPA.”

Seismic and other geophysical surveys have been safely conducted in the U.S. and around the globe for more than 50 years. Geophysical surveys are the critical first step to better understanding the resource base of the Outer Continental Shelf (OCS) and providing policy makers and regulators with the information they need to make informed decisions about oil and gas development based on the best available data.

View Testimony

###

 

About the IAGC

The IAGC represents more than 125 member-companies worldwide from all segments of the geophysical industry and is the only trade organization solely dedicated to representing the industry.  It is the leader in geophysical technical and operations expertise and for more than 45 years, the IAGC has worked to optimize the business and regulatory climate and enhances public understanding to support a strong, viable geophysical industry essential to discovering and delivering the world’s energy resources. 

 

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...91f4d0b23e

Gail Adams-Jackson, Vice President, Communications & External Affairs International Association of Geophysical Contractors +1 713-957-8080 gail.adams@iagc.org



(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us