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11 September 2002

TDI-Brooks to acquire shares in GSI Brasil

Geochemical Solutions International Brasil Ltda. (GSI Brasil), an energy consultancy with offices in Rio de Janeiro, will sell an undisclosed number of shares to TDI-Brooks International, Inc (TDI-Brooks). a U.S. based research and service company. The exact terms are still under negotiation, but the sale is expected to be finalized before the end of the year.

Since incorporation in 1999, GSI Brasil has been pivotal in allowing its parent company, Geochemical Solutions International, Inc. (GSI), to attain a significant market presence conducting non-exclusive, multi-client projects in support of hydrocarbon exploration in Brazil. As one of the first companies authorized by the Agencia Nacional do Petroleo (ANP) to collect non-exclusive data on Brazilian basins, GSI has compiled a portfolio of over 30 projects in diverse technical areas such as surface geochemistry (offshore piston coring and soil gas surveys), remote sensing, basin modeling, oil and source rock studies and oil quality prediction. GSI Brasil has also provided its services on a proprietary basis for many of the energy companies presently operating in Brasil, including Petrobras. GSI Brasil is wholly-owned by GSI, a U.S. corporation with offices in The Woodlands, Texas. In addition to Brazil, GSI also has projects in Argentina, Cuba and Trinidad.

TDI-Brooks is a U.S. corporation established in 1996 that provides scientific services on a global basis with a focus on petroleum geochemistry, surface geochemical exploration, oil spill response, oceanographic surveys, environmental chemistry, and multi-disciplinary environmental assessments. Based in College Station, Texas, their clients include most major oil and gas companies, as well as numerous government agencies.

TDI-Brooks owns and operates three marine research vessels, has a state-of-the-art laboratory facility in College Station, Texas, and directs an accomplished staff with a broad range of expertise in geochemistry and environmental chemistry, as well as in chemical, biological, geological and physical oceanography. In addition to the United States, TDI-Brooks has extensive international project experience in Africa, Latin America, Canada and the Mediterranean region.

"We are pleased to be associated with GSI and to bring TDI-Brooks' services to the Brazilian market through GSI Brasil. For us, Brazil contains significant business opportunities both in the energy sector as well as in the environmental area." says Dr. James Brooks, President of TDI-Brooks.

"TDI is acknowledged as the world-leader in offshore surface geochemical exploration." explains Craig Schiefelbein, President of GSI. "Their field resources and our knowledge of Brazilian petroleum systems are highly complimentary, and will strengthen GSI Brasil's market position as a service provider to the offshore petroleum industry."

For additional information, contact GSI Brasil at (21) 2513 0363 or by email at info@gsibrasil.com.br.