2013-03-19 07:51:57 -
ASKER, NORWAY (19 March 2013) - TGS has commenced acquisition of a 2D multi-
client survey offshore Sierra Leone. The survey, SL13, will add 9,191 km of new
2D data to infill the existing 5,784 km of 2D data acquired in 2001. Upon
completion of the SL13 survey, TGS will have approximately 15,000 km of
contiguous 2D multi-client data and 6,268 km(2) of 3D data offshore Sierra
The seismic data is being acquired by the M/V Geo Arctic. Data processing will
be performed by TGS and will be available to clients in Q4 2013.
The survey is supported by industry funding.
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
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, permanent reservoir monitoring and data
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 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
For additional information about this press release please contact:
Chief Financial Officer
Tel: +47 47 60 33 34
Director Investor Relations and M&A
Tel: +1 713 860 2184
Stein Ove Isaksen
Senior VP Eastern Hemisphere
Tel: +47 66 76 99 00
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
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other applicable laws; and
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originality of the information contained therein.
Source: TGS via Thomson Reuters ONE