The Republic of Guinea's first offshore Licensing Round announced
(Thomson Reuters ONE) -
ASKER, Norway, June 12, 2017 (GLOBE NEWSWIRE) -- Diakaria Koulibaly, CEO of
ONAP, announced the country's first offshore Licensing Round at the NOC
assembly, in Paris.
The round will be open for six months from October 2017, with awards expected by
October 2018. Companies will be able to submit bids on all open blocks.
"This is an exciting time for The Republic of Guinea. The recent successes in
the Northern MSGBC Basin have increased the industry interest in this relatively
under explored region, and this chain of success will steadily and inevitably
flow down south to us. We currently have an active rig in our waters, drilling
what we hope will be the first of many commercial successes," commented Diakaria
Koulibaly, CEO of ONAP.
TGS has ~14,000 km of modern, high quality 2D data coverage over the blocks on
offer. Click here to learn more.
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/7c24918b-cedf-43af-9d9a-
c8e915b5c679
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, 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 principle 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:
Sven Børre Larsen
Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen(at)tgs.com
Will Ashby
VP HR & Communication
Tel: +1 713 860 2184
Email: will.ashby(at)tgs.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TGS via GlobeNewswire
Datum: 12.06.2017 - 19:38 Uhr
Sprache: Deutsch
News-ID 547455
Anzahl Zeichen: 3540
contact information:
Town:
Houston
Kategorie:
Business News
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"The Republic of Guinea's first offshore Licensing Round announced"
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