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TGS announces extension of Declaration project
ASKER, NORWAY (19 February 2015) - TGS announces the extension of its Declaration Multi-WAZ Survey in the Mississippi Canyon and DeSoto Canyon protraction areas of the Gulf of Mexico.
The extension represents a minimum 2,000 km of additional data to be acquired by CGG using the single pass vessel configuration derived from its StagSeis technology. This technology will better image deep structural elements and improve subsalt and salt flank illumination. The extension is based on early observations from the fast track migration of phase one of the Declaration project.
Kristian Johansen, COO for TGS commented that,
Acquisition of the extension is expected to be completed in Q2 2015, followed by fast track deliverables and final imaging products in 2016.
www.tgs.com
For additional information about this press release please contact:
Chief Financial Officer
Tel: +47 47 60 33 34
Email: kristian.johansen@tgs.com
Director Investor Relations and M&A
Tel: +1 713 860 2184
Email: will.ashby@tgs.com
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
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