TGS Announces Onshore Multi-client 3D Seismic Survey in Oklahoma and Texas
(Thomson Reuters ONE) -
HOUSTON (15 October 2013) - TGS announces a new 3D multi-client onshore survey,
Rush Creek, covering 161.5 mi(2) in Roger Mills County, Oklahoma and Hemphill
County, Texas that will build on an existing 62 mi(2 )3D survey recently
purchased by TGS. Once the volumes are merged, the Rush Creek survey will total
210 mi(2) and illuminate subsurface targets in the Granite Wash, Hogshooter,
Cleveland Sands, Atoka and Tonkawa geological trends.
Acquisition will begin late Q4 2013 utilizing a high channel count vibroseis
crew. Data processing will be performed by TGS and final data will be available
to clients 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#1735537]
Unternehmensinformation / Kurzprofil:
Datum: 15.10.2013 - 07:51 Uhr
Sprache: Deutsch
News-ID 305606
Anzahl Zeichen: 3644
contact information:
Town:
Asker
Kategorie:
Business News
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"TGS Announces Onshore Multi-client 3D Seismic Survey in Oklahoma and Texas"
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