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TGS Announces New Multi-client Surveys and Partnerships at its 2013 Capital Markets Day
ASKER, NORWAY (23 May 2013) - TGS is hosting its 2013 Capital Markets Day today in London, United Kingdom. The prepared program begins at 14:00 BST (GMT +1) and will include presentations from the TGS Executive Management team. Announcements will be made on three new surveys:
All of the above mentioned surveys are supported by industry funding.
TGS will also announce three new partnerships:
In addition TGS will announce its intention to implement a sponsored American Depositary Receipt (ADR) program later in Q2 2013 subject to completion of the U.S. Securities and Exchange Commission filing. TGS reaffirms its full year 2013 guidance.
To access TGS Capital Markets Day information, click on the links below:
TGS 2013 Capital Markets Day Webcast
TGS 2013 Capital Markets Day Presentation Slides
Company summary
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 reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).
For additional information about this press release please contact:
Kristian Johansen
Chief Financial Officer
Tel: +47 47 60 33 34
Email: kristian.johansen@tgs.com
Will Ashby
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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http://hugin.info/86869/R/1704004/563378.pdf
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