GlobeNewswire by notified

PGS Completes 2021 Canada Acquisition and Prepares First Data

Share

September 29, 2021: Oslo, Norway, PGS on behalf of the PGS-TGS joint venture acquired over 10 000 sq.km of 3D GeoStreamer data offshore Newfoundland and Labrador between May and September this year. Fast-track results will be delivered in December 2021 and final imaging products will be ready Q1 2022. 

The data from this year’s program expands the footprint of the PGS-TGS joint venture offshore Newfoundland and Labrador to approximately 80 000 sq. km. The focus of our 2021 acquisition was on the Cape Anguille survey in the Orphan Basin, with strategic additional acquisition on Lewis Hills and Jeanne d’Arc,

Marine seismic acquisition on these project areas was carried out by the Ramform Atlas and Ramform Titan, in compliance with strict Covid-19 guidelines. 

We are very pleased the PGS-TGS joint venture has completed the 11th consecutive acquisition season offshore Canada. Two Ramform Titan-class vessels were active for the full season, with tailored GeoStreamer towing configurations. The new datasets expand our 3D MultiClient coverage for this region to 80 000 square kilometers and will help our clients to further de-risk prospects and plays offshore Canada,” says Rune Olav Pedersen, President & CEO of PGS. 

“We’re pleased to have completed another successful acquisition season offshore East Coast Canada – further strengthening our energy data library and position in the region. The data acquired will contribute to our client’s efforts to de-risk their investments in future bid rounds,” says Kristian Johansen, CEO at TGS.

Cape Anguille
This industry prefunded 3D GeoStreamer survey responds to existing industry interest and builds on seismic surveys to create a continuous 3D coverage in the Orphan Basin. Data acquired in 2021 has been added to our continuous coverage of areas relevant for the call for bids in 2022 and 2024.

Lewis Hills Phase 2
Additional 3D coverage links the Flemish Pass and Orphan Basin, creating a continuous dataset to support ongoing exploration drilling programs. This data will be key in enhancing understanding petroleum systems at play, and builds on Lewis Hills Phase 1 (acquired 2018) over Exploration License (EL) 1138

Jeanne d’Arc Phase 2
We are now closer to our goal of offering modern HD3D data over the entire producing area of the Jeanne d’Arc basin. The result is perfect for new players evaluating the basin and will provide new insights to operators with significant exploration commitments in the area. JDA Phase 1 was acquired in 2019. Phase 2 data will create a more unified dataset over the basin, to further enhance understanding of the exploration potential.

Find Out More 

Contact the PGS team at nsa.info@pgs.com to discuss these Newfoundland and Labrador 2021 acquisition projects, to arrange an early data show, or to find out more about PGS data library coverage offshore eastern Canada. 

To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

Related Content

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Yara reports improved returns20.10.2021 08:00:00 CEST | Press release

Oslo, 20 October 2021:Yara delivers improved returns reflectinghigher prices in third quarter.Net income was a negative USD 143 million, compared with a positive USD 340 million a year earlier. The negative net income includesa USD 355 million impairment ofSalitre assetsin line with Yara’sregulatory release dated1 August 2021,and a currency translation loss of USD 148 million. Excluding currency effects and special items, the basic earnings per share was USD 1.33 compared with USD 0.88 per share in third quarter 2020. The main elements of the third-quarter results are: Improved returns reflecting higher prices8.3% ROIC1, up from 7.9% a year earlier40% ammonia curtailment in Europe due to natural gas price spike “Yara delivers solid third quarter results, with EBITDA2 excluding special items up 37%, mainly thanks to improved margins. However, the gas price spike in Europe has led to Yara curtailing around 40% of its European ammonia production,” said Svein Tore Holsether, President and

Kinnevik: Interim report 1 January – 30 September 202120.10.2021 08:00:00 CEST | Press release

”We continue to strengthen and build out our growth portfolio at a rapid pace to maintain the momentum of our strategic transformation, and note the interest of founders and investors to partner with us. This is a significant recognition of our ability to identify the businesses of tomorrow and be their preferred investor as they grow and shape a re-imagined everyday.” Georgi Ganev, CEO of Kinnevik Key Strategic Highlights Betterment raised USD 160m in a funding round to accelerate the record growth the company has delivered year-to-date across its B2C and B2B offering, leading to a significant uplift in valuation Cityblock raised additional capital to extend its reach and battle health inequities for a fast-growing member population, at a valuation twice as high as the round in March this yearBabylon reaffirmed its 2021 and 2022 growth guidance and secured USD 200m in sustainability-linked financing as it nears completion of its SPAC merger transaction We strengthened our Growth Portf

ING to offer compensation to Dutch retail customers with certain consumer credit products20.10.2021 08:00:00 CEST | Press release

ING to offer compensation to Dutch retail customers with certain consumer credit products ING announced today to offer a compensation to our Dutch retail customers with certain revolving consumer loans where the variable interest rate did not sufficiently follow market rates. With this step, ING reacts to a number of rulings by the Dutch Institute for Financial Disputes (Kifid) regarding similar products at other banks. We have investigated the relevance of these rulings for our floating-rate credit products in the Netherlands. This is expected to concern approximately 10% of the contracts for these products. The Dutch Consumers’ Association (Consumentenbond) has reacted positively on ING’s intention and is prepared to further discuss the execution and details of the scheme, which is expected to be completed before the end of 2022. ING will book a provision of €180 million in its third quarter 2021 results for the compensation and costs of executing the scheme. More details on the comp

Yara leverer økt avkastning20.10.2021 08:00:00 CEST | Pressemelding

Oslo, 20. oktober 2021:Yara rapporterer økt avkastning i tredje kvartal som følge av høyere priser,Nettoresultatvar negativt USD 143 millionersammenlignet med positivt USD 340 millioner ett år tidligere.Det negative nettoresultatet inkluderer en USD 355 millioner nedskrivning av Salitre-prosjektet med referanse til Yaras børsmelding 1. august 2021, og et valutatap på USD 148 millioner. Nettoresultat eksklusive valutaeffekter og spesielle poster, var USD 1,33 per aksje sammenlignet med USD 0,88 for tredje kvartal 2020. Hovedelementene i resultatet for tredje kvartal er: Økt avkastning som følge av høyere priser8,3 % ROIC1, opp fra 7,9% ett år tidligere40% midlertidig kutt i amoniakkproduksjon i Europa som følge av høy gasspris «Yara leverer et solid resultat for tredje kvartal, med EBITDA1 eksklusive spesielle poster opp 37%, hovedsakelig som følge av økte marginer. Imidlertid har den høye gassprisen i Europa ført til at Yara har midlertidig kuttet ca 40% av sin europeiske ammoniakkprod

Kinnevik: Delårsrapport 1 januari – 30 september 202120.10.2021 08:00:00 CEST | Pressemelding

”Vi fortsätter att stärka och bygga ut vår tillväxtportfölj för att upprätthålla takten i vår strategiska transformation, och noterar ett stort intresse hos grundare och investerare att göra oss till sin partner. Detta är ett starkt bevis på vår förmåga att identifiera framtidens vinnare och vara en värdefull partner för dem på deras tillväxtresa för att forma morgondagens samhälle.” Georgi Ganev, Kinneviks vd Viktiga strategiska händelser Betterment tog in 160 MUSD i en finansieringsrunda för att accelerera sin rekordtillväxt under året inom både B2B och B2C. Detta resulterade i en signifikant ökning av värdet av vårt innehav i bolaget Cityblock tog in ytterligare kapital för att utöka sin räckvidd och bekämpa ojämlikheter inom hälsa för sin snabbt växande medlemsbas, till en värdering dubbelt så hög som rundan i mars i årBabylon bekräftade sin tillväxtprognos för 2021 och 2022, och säkerställde 200 MUSD i hållbarhetslänkad finansiering samtidigt som bolaget närmar sig sin SPAC-fusion

Stockwik förvärvar Sundisol20.10.2021 08:00:00 CEST | Pressemelding

Stockwik Förvaltning AB (publ) har per idag den 20 oktober 2021 ingått avtal om förvärv av samtliga aktier i Sundisol Aktiebolag (”Sundisol”). Sundisol är ett bolag med inriktning på installation av akustikplattor och undertak. Sundisol är beläget i Sundsvall och omfattar 11 anställda. Verksamheten har bedrivits sedan 1973. Stockwik förvärvar samtidigt den fastighet från vilken Sundisols verksamhet bedrivs, där även två externa hyresgäster bedriver verksamhet. Sundisols omsättning och EBITDA-resultat uppgick för den senaste tolvmånadersperioden per 30 september 2021 till drygt 23,4 MSEK respektive 3,8. Fastighetsbolagets hyresintäkter och EBITDA-resultat uppgick för den senaste tolvmånadersperioden per 30 september 2021 till 0,7 MSEK respektive 0,6. Köpeskillingen för Sundisol uppgår till 17,0 MSEK på skuldfri basis vilket beräknas motsvara en multipel om 4,1x EV/EBITDA, varav 15 MSEK erläggs kontant och 2 MSEK genom revers med 3 års löptid och 3 procents ränta. Säljaren har förbundit

Sampo plc’s share buybacks 19/10/202120.10.2021 07:30:00 CEST | Press release

SAMPO PLC STOCK EXCHANGE RELEASE 20/10/2021 at 08:30 am Sampo plc’s share buybacks 19/10/2021 On 19/10/2021 Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI0009003305) as follows: Sampo plc’s share buybacksAggregated daily volume (in number of shares)Daily weighted average price of the purchased shares*Market (MIC Code)17,22445.56AQEU17,49845.54CEUX4,38345.53TQEX33,83445.56XHELTOTAL72,93945.55 *rounded to two decimals On 1 October 2021, Sampo announced a share buyback programme of up to a maximum of EUR 750 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which started on 4 October 2021, is based on the authorization granted by Sampo's Annual General Meeting on 19 May 2021. After the disclosed transactions, the company owns in total 1,253,774 Sampo A shares representing 0.23 per cent of the total number of shares in Sampo plc. Details