businesspress24.com - TGS Announces Agreement to Acquire New 3D P-Cable Data in Norwegian Barents Sea
 

TGS Announces Agreement to Acquire New 3D P-Cable Data in Norwegian Barents Sea

ID: 1352799

(firmenpresse) - ASKER, NORWAY -- (Marketwired) -- 04/21/15 -- TGS announces that it has signed an agreement with Thalassa Holdings Ltd/WGP to acquire P-Cable 3D seismic data in the Norwegian Barents Sea. The activity is expected to last for 90 days and will commence in April 2015.

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 .

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).

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:

COO/Interim CFO
Tel: +47 47 60 33 34
Email:

Director Finance Western Hemisphere & Investor Relations
Tel: +1 713 860 2184




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Bereitgestellt von Benutzer: Marketwired
Datum: 21.04.2015 - 06:00 Uhr
Sprache: Deutsch
News-ID 1352799
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