TGS Completes Acquisition of Polarcus' Library
(firmenpresse) - ASKER, NORWAY -- (Marketwired) -- 08/25/15 -- Reference is made to the stock exchange release on 29 June 2015 regarding the acquisition of Polarcus' multi-client library. As of today, the parties have completed the main component of the transaction. The closing of the remaining projects in West Africa is expected within Q3 2015, subject to the relevant Government consents.
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, and data integration solutions.
For more information visit TGS online at .
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:
COO/Interim CFO
Cell: +47 47 60 33 34
Email:
Director Finance Western Hemisphere & Investor Relations
Tel: +1 713 860 2184
Email:
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 25.08.2015 - 12:00 Uhr
Sprache: Deutsch
News-ID 415694
Anzahl Zeichen: 0
contact information:
Town:
ASKER, NORWAY
Kategorie:
Oil & Gas
Diese Pressemitteilung wurde bisher 181 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"TGS Completes Acquisition of Polarcus' Library"
steht unter der journalistisch-redaktionellen Verantwortung von
TGS (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
