TGS Commences Multi-client 3D Survey in Norwegian Barents Sea
(Thomson Reuters ONE) -
ASKER, NORWAY (30 April 2012) - TGS has commenced acquisition of a 3D multi-
client survey covering 2,400 km(2) in the Norwegian Barents Sea.
The survey, Finnmark Platform 2012 (FP12), covers five blocks in the
Southwestern Barents Sea of which four are located in quad 7017 and one is in
quad 7018. All blocks are proposed by the Ministry of Petroleum and Energy to be
included in the 22nd Licensing Round on the Norwegian Continental Shelf. Fast
track data will be available in time to perform interpretation for the 22(nd)
Licensing Round.
The M/V Polar Duchess towing 10 x 6,000 m streamer with 75 m separation is
acquiring the survey. Data processing will be performed by TGS and available to
clients Q3 2012.
The survey is supported by industry funding.
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data and
services to oil and gas Exploration and Production companies around the globe.
TGS' geophysical and geological data products include multi-client seismic
libraries, permanent reservoir monitoring, magnetic and gravity data, the
industry's largest global database of digital well logs and regional
interpretive products. TGS also provides high-end depth imaging services to help
resolve complex seismic imaging problems. For more information visit TGS online
at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact
are forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict, and are based upon
assumptions as to future events that may not prove accurate. These factors
include TGS' reliance on a cyclical industry and principal customers, TGS'
ability to continue to expand markets for licensing of data, and TGS' ability to
acquire and process data products at costs commensurate with profitability.
Actual results may differ materially from those expected or projected in the
forward-looking statements. TGS undertakes no responsibility or obligation to
update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange
(OSLO:TGS).
For additional information about this press release please contact:
Kristian Johansen
Chief Financial Officer
Office: +47 66 76 99 00
Cell: +47 47 60 33 34
Email: kristian.johansen(at)tgs.com
Karen El-Tawil
VP, Business Development
Office: +1 713 860 2102
Cell: +1 713 806 2420
Email: karen.el-tawil(at)tgs.com
Stein Ove Isaksen
Senior VP Eastern Hemisphere
Tel: +1 713 860 2111
Email: SteinOve.Isaksen(at)tgs.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: TGS via Thomson Reuters ONE
[HUG#1607128]
Unternehmensinformation / Kurzprofil:
Datum: 30.04.2012 - 07:50 Uhr
Sprache: Deutsch
News-ID 140384
Anzahl Zeichen: 3701
contact information:
Town:
Asker
Kategorie:
Business News
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"TGS Commences Multi-client 3D Survey in Norwegian Barents Sea"
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