TGS Commences Multi-client 2D Survey Offshore Northwest Alaska
(Thomson Reuters ONE) -
HOUSTON (9 September 2013) - TGS has commenced acquisition of a 2D multi-client
survey in the Chukchi Sea off the northwest coast of Alaska. The Chukchi Sea
2D 2013 survey covers approximately 8,000 km and builds on the existing Chukchi
Sea (CSR-06) survey acquired in 2006 in Russian waters and the AWI Chukchi Sea
(AWI08) survey acquired in 2008.
"TGS is very pleased to be back in the Chukchi Sea," stated Rod Starr, Senior
Vice President Western Hemisphere for TGS. "This project was implemented
following productive cooperation with local, state and federal agencies as well
as local community stakeholders. The data will provide critical subsurface
information for the scheduled BOEMRE lease rounds beginning in 2016."
The seismic data is being acquired by the M/V Geo Arctic. Data processing will
be performed by TGS and will be available to clients in Q2 2014.
This 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).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter
market under the symbol "TGSGY".
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
Tel: +1 713 860 2184
Email: will.ashby(at)tgs.com
Rod Starr
Senior VP Western Hemisphere
Tel: +1 713 860 2100
Email: Rod.Starr(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#1727879]
Unternehmensinformation / Kurzprofil:
Datum: 09.09.2013 - 07:50 Uhr
Sprache: Deutsch
News-ID 294480
Anzahl Zeichen: 3938
contact information:
Town:
Asker
Kategorie:
Business News
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"TGS Commences Multi-client 2D Survey Offshore Northwest Alaska"
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