TGS-NOPEC Geophysical Company ASA (TGS) Ordinary General Meeting Held

TGS-NOPEC Geophysical Company ASA (TGS) Ordinary General Meeting Held

ID: 153503

(Thomson Reuters ONE) -


ASKER, NORWAY (05 June 2012) - The Ordinary General Meeting of TGS was held on
5 June 2012.  All resolutions proposed were approved by the shareholders.

The Ordinary General Meeting approved the payment of a dividend of NOK 6 per
share of outstanding common stock from the Company's 2011 earnings. The dividend
will be paid to the shareholders who are registered  shareholders of TGS as of
5 June 2012. The shares in TGS will be quoted ex-dividend from 6 June 2012. The
dividend will be paid 20 June 2012.

The minutes from the Ordinary General Meeting are attached.

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
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

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)




TGS OGM Meeting Minutes:
http://hugin.info/86869/R/1617549/516176.pdf



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#1617549]


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Bereitgestellt von Benutzer: hugin
Datum: 05.06.2012 - 21:35 Uhr
Sprache: Deutsch
News-ID 153503
Anzahl Zeichen: 3394

contact information:
Town:

Asker



Kategorie:

Business News



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