The work reported herein represents the third year work in evaluating high-resolution interwell seismic logging techniques for hydrocarbon reservoir characterization. The objective of this project is to investigate interwell seismic logging techniques for indirectly interpreting oil and gas reservoir geology and rock physical properties. The work involves a balanced study of theoretical and numerical modeling of seismic waves transmitted between pairs of wells combined with experimental data acquisition and processing at controlled field conditions. The field applications of this reservoir probing concept are aimed at demonstrating high resolution measurements and detailed interpretation of heterogeneous hydrocarbon-bearing formations. The first part of this third year project efforts was devoted to thoroughly evaluating interwell seismic logging and reverse VSP in a hydrocarbon-bearing formation at the Buckhorn test site in Illinois. Specifically, the data from the experiments conducted in the second year of this project were analyzed to delineate geological structures and to extract rock physical parameters. The second part of this project is devoted to the evaluation of continuity logging techniques for hydrocarbon reservoir continuity. Specifically, this part of the project includes the evaluation of methods of measurements, modeling and data processing to delineate the reservoir architecture and relate dispersion and attenuation measurements to rock physical properties.