TGS Announces Multi-client 3D Survey in Benin
(Thomson Reuters ONE) -
HOUSTON (9 December 2010) - TGS will commence a multi-client 3D survey Offshore
Benin in blocks 5 and 6. This project covers roughly 4,000 km(2) in the deep
water area of Benin. Data acquisition will commence in January 2011 and is
expected to be completed in Q2 2011. This project is the second in a series of
surveys along the African Transform Margin, following the Gambia project
announced on 5 October 2010. Specialized data processing will be done at TGS'
imaging center in Houston, TX.
The Benin 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
David Hicks
VP Africa, Middle East, Asia Pacific
Office: +1 713 860 2108
Cell: +1 281 702 3337
Email:david.hicks(at)tgsnopec.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#1470709]
Unternehmensinformation / Kurzprofil:
Datum: 09.12.2010 - 07:50 Uhr
Sprache: Deutsch
News-ID 49554
Anzahl Zeichen: 3412
contact information:
Town:
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Kategorie:
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