TGS Commences 3D Multi-client Seismic Survey Offshore Northwest Australia
(Thomson Reuters ONE) -
PERTH, AUSTRALIA (13 December 2012) - TGS has commenced acquisition of a 3D
multi-client seismic survey, The Three Bears, which covers 460 km(2) in the
Carnarvon Basin, offshore NW Australia.
This survey is located adjacent to the Clio and Gorgon gas fields which are
currently in the development stage. Upon completion of this survey, the TGS
portfolio of 3D multi-client coverage will exceed 17,500 km(2) in this highly
prospective area offshore Australia. TGS is also reprocessing the Cazadores
survey which covers 4,350 km(2) of the Exmouth Plateau region.
The new seismic data is being acquired by the M/V Geo Caspian. Data processing
will be performed by TGS and will be available to clients in Q2 2013.
The survey is supported by industry funding.
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil
and gas Exploration and Production companies worldwide. In addition to
extensive global geophysical and geological data libraries that include multi-
client seismic data, magnetic and gravity data, digital well logs, production
data and directional surveys, TGS also offers advanced processing and imaging
services, interpretation products, permanent reservoir monitoring and data
integration solutions.
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
Will Ashby
Director Investor Relations and M&A
Office: +1 713 860 2184
Email: will.ashby(at)tgs.com
Paul Young
Managing Director Asia Pacific
Tel: 61 (8) 9480 0000
Email: paul.young(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#1664472]
Unternehmensinformation / Kurzprofil:
Datum: 13.12.2012 - 07:50 Uhr
Sprache: Deutsch
News-ID 212400
Anzahl Zeichen: 3622
contact information:
Town:
Asker
Kategorie:
Business News
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