TGS Announces Multi-client 3D Survey in Gambia
(Thomson Reuters ONE) -
HOUSTON (5 October 2010) - TGS announced its first new multi-client 3D survey,
Offshore Gambia.
This project covers 2,500 km(2) in the deep water area of Gambia. TGS has
chartered the M/V Geo-Caribbean as previously mentioned in a press release on
12 July 2010, to acquire the data. This project is the first of a series of
surveys in the African Transform Margin. The Geo-Caribbean is a modern 3D vessel
that will tow twelve (12) long offset streamers on this project. Specialized
data processing will be done at TGS' imaging center in Houston, TX.
The Gambia multi-client 3D survey is supported by industry funding.
Company summary
TGS-NOPEC Geophysical Company (TGS) provides global geoscience data products
and services to the oil and gas industry for the exploration and delineation of
hydrocarbon reserves. We design and acquire multi-client data projects
worldwide that make up our data library of seismic, gravity/magnetic and well
data, enhanced by our seismic imaging technology and regional interpretation
expertise. Visit TGS online at www.tgsnopec.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 news release please contact:
Kristian Johansen
Chief Financial Officer
Office: +47 667 69931
Cell: +47 47 60 33 34
Email:kristian.johansen(at)tgsnopec.com
Karen El-Tawil
VP, Business Development
Office: +1 713 860 2102
Cell: +1 713 806 2420
Email:karen.el-tawil(at)tgsnopec.com
Kim Abdallah
VP New Ventures
Office: +1 713 860 2120
Cell: +1 281 782 6805
Email:kim.abdallah(at)tgsnopec.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1449026]
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
Unternehmensinformation / Kurzprofil:
Datum: 05.10.2010 - 07:51 Uhr
Sprache: Deutsch
News-ID 44111
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