TGS Commences 3D Multi-Client Seismic Survey Offshore Liberia
ASKER, NORWAY -- (Marketwire) -- 01/16/13 -- TGS has commenced
acquisition of a 3D multi-client survey, Sunfish, which covers up to
7,800 km2 of highly prospective acreage in the Harper Basin, offshore
"This survey provides excellent data coverage for the source prone,
syn-rift and early post-rift sequences, in this highly prospective
area offshore Liberia. TGS has been active in acquiring data over the
West Africa Transform margin for the past decade and this survey
demonstrates TGS' ongoing commitment to grow the seismic data library
in Africa," commented Stein Ove Isaksen, Senior VP Eastern Hemisphere
TGS is chartering the 12 streamer Polarcus Asima for this survey. The
charter will last for approximately six months. Data processing will
be performed by TGS and will be available to clients in Q4 2013,
prior to the Liberia 2013 Bid Round.
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 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, permanent
reservoir monitoring 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 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
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock
Exchange (OSLO: TGS).
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
Press spacebar to pause and continue. Press esc to stop.