Spectrum ASA : Spectrum ASA : Starts 2D Multi-Client seismic survey in the Pelotas Basin offshore Brazill

  Spectrum ASA : Spectrum ASA : Starts 2D Multi-Client seismic survey in the
                        Pelotas Basin offshore Brazill

Oslo, Norway (February 1, 2013) - Spectrum is mobilizing for the acquisition
of a 7,500 km 2D Multi-Client seismic survey in the Pelotas basin offshore
Brazil in anticipation of future licensing rounds.

The Pelotas basin is a frontier area with little seismic coverage. The survey
will tie in to the extensive 2D seismic coverage in neighboring Uruguay that
Spectrum markets to the industry.

Spectrum provides innovative Multi-Client seismic surveys and high-quality
seismic imaging services to the global oil and gas industry from offices in
Norway, the UK, US, Brazil, China, Egypt, Australia, Indonesia and Singapore.
Spectrum's Multi-Client strategy focuses on both the major, established
hydrocarbon-producing regions of the world as well as key frontier areas
identified by an experienced team of geoscientists. The Spectrum library of
Multi-Client data has projects from many of the foremost oil producing regions
of the world. These include new acquisition, reprocessing and interpretation
reports.

For further information or questions, please contact:
Jan Schoolmeesters, COO, Spectrum ASA
Email: jan.schoolmeesters@spectrumasa.com
Tel: +47 91 77 79 61

Arne Helland, EVP Strategy & Business Development
Email: arne.helland@spectrumasa.com
Tel: +47 23 01 49 60, Cell: +47 91 88 78 29

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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Source: Spectrum ASA via Thomson Reuters ONE
HUG#1674874
 
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