TGS Commences Multi-client 2D Seismic Surveys Offshore Madagascar
(Thomson Reuters ONE) -
ASKER, NORWAY (7 November 2013) - TGS, in partnership with BGP, has commenced
acquisition of 2D seismic, gravity and magnetic multi-client surveys offshore
Madagascar utilizing the M/V Challenger. The surveys, MAJ-13 and MS-14, will
add 7,025 km of new 2D seismic data to extend and infill the existing 33,315 km
of 2D data acquired by TGS in the region.
Data processing will be performed by TGS using its proven Clari-Fi(TM) broadband
processing technology. Final data will be available to clients from Q3 2014.
The surveys are 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
Tel: +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
Stein Ove Isaksen
Senior VP Eastern Hemisphere
Tel: +47 66 76 99 00
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#1741230]
Unternehmensinformation / Kurzprofil:
Datum: 07.11.2013 - 07:51 Uhr
Sprache: Deutsch
News-ID 313785
Anzahl Zeichen: 3546
contact information:
Town:
Asker
Kategorie:
Business News
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"TGS Commences Multi-client 2D Seismic Surveys Offshore Madagascar"
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