TGS Announces New Multi-client 2D Survey in Northeast Greenland
(Thomson Reuters ONE) -
ASKER, NORWAY (6 September 2011) - TGS has commenced a new 1,000 km multi-client
2D survey in Northeast Greenland in partnership with Fugro.
This survey will enable customers to prepare for the announced Greenland
Licensing Round in 2012/2013 and will significantly add to a data set that TGS
has been growing since 2008 in this promising region. After this year's data
acquisition, TGS will be able to offer approximately 4,500 km of new multi-
client 2D data, a large volume of reprocessed multi-client 2D data and full
coverage of aeromagnetic/gravity data over the basins that are to be included in
the planned licensing round.
The new seismic data is being acquired by the M/V Akademik Shatskiy supported
by the ice breaker M/V Fennicia and is scheduled to complete during Q4 2011.
Data processing will be performed by TGS and data will be available to clients
during Q1 2012.
The survey is supported by industry funding.
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data and
services to oil and gas Exploration and Production companies around the globe.
TGS' geophysical and geological data products include multi-client seismic
libraries, permanent reservoir monitoring, magnetic and gravity data, the
industry's largest global database of digital well logs and regional
interpretive products. TGS also provides high-end depth imaging services to help
resolve complex seismic imaging problems. For more information 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 press 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
Kjell E. Trommestad
Senior VP Europe & Russia
Tel: +47 66 76 99 61
Email:kjell.trommestad(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#1544196]
Unternehmensinformation / Kurzprofil:
Datum: 06.09.2011 - 07:50 Uhr
Sprache: Deutsch
News-ID 62290
Anzahl Zeichen: 3930
contact information:
Town:
Asker
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 191 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"TGS Announces New Multi-client 2D Survey in Northeast Greenland"
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).
