TGS Commences a Second 3D Multi-client Seismic Survey offshore Northwest Australia
(Thomson Reuters ONE) -
PERTH, AUSTRALIA (20 December 2011) - TGS has commenced acquisition of a new
3D multi-client seismic survey, Mary Rose Northeast, which covers 3,100 km(2)
over the Exmouth Plateau in the Carnarvon Basin, offshore NW Australia. This
survey is located over parts of blocks WA-365-P, WA-346-P and W10-21 to the
Northeast of the previously announced NW Australia survey (Mary Rose) in October
2011. Upon completion of this survey, the TGS portfolio of 3D multi-client
coverage in this highly prospective area offshore Australia will exceed 11,500
km(2).
The seismic data is being acquired by the M/V Geo Atlantic and will be complete
in Q1 2012. A fast track volume will be available to the industry in Q2 2012
with final data available for the full survey in Q4 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
Paul Young
Managing Director Asia Pacific
Office: +61 (8) 9480 0000
Email:paul.young(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#1572551]
Unternehmensinformation / Kurzprofil:
Datum: 20.12.2011 - 07:50 Uhr
Sprache: Deutsch
News-ID 98586
Anzahl Zeichen: 3784
contact information:
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Kategorie:
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"TGS Commences a Second 3D Multi-client Seismic Survey offshore Northwest Australia"
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