GlobeNewswire by notified

TGS Announces New 3D Seismic Survey Close to Dorado and Pavo Discoveries in North-West Australia

Share

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

OSLO, Norway (13 September 2022) – TGS, a global provider of energy data and intelligence, today announced the Capreolus Phase 2 3D seismic survey in the Carnarvon Basin on the Australian North West Shelf. This survey is adjacent to the Capreolus Phase 1 survey acquired in 2015 by Polarcus and purchased by TGS in 2018.

Capreolus Phase 2 will comprise 4,500 square kilometers of multi-client seismic data located in the Beagle Sub-Basin, an underexplored area on Australia's North West Shelf. This area has undergone renewed exploration interest since the discovery of light oil at Dorado and, more recently, the Pavo discovery in the adjacent Bedout Sub-Basin.

CEO at TGS, Kristian Johansen, commented, "TGS has been active in Australia since 1998 with an extensive seismic and well database that is continually enhanced to meet the exploration needs of the region. Australia presents attractive investment opportunities with abundant energy resources for exploration and development. The key to ongoing success in Australia is high-quality modern seismic data to boost subsurface insight, and the Capreolus Phase 2 survey will deliver on this."

The PXGEO 2 vessel will mobilize for the survey in December 2022, and the acquisition is scheduled to be completed in March 2023, with final processing deliverables anticipated in Q1 2024.

This project is supported by industry funding.

About TGS
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.

Forward Looking Statement
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 product at costs commensurate with profitability, as well as volatile market conditions, which have been exacerbated by the COVID-19 pandemic and the severe drop in oil prices. 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.

For more information, visit TGS.com or contact:

Sven Børre Larsen
Chief Financial Officer
investor@tgs.com

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

Turning the Tables on Non-Productive Screen Time: Game On, Kids!1.12.2022 18:31:34 CET | Press release

LONDON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- A new app, GenMove, released by app developer G13R Ltd, in collaboration with the World Health Organization, combines artificial intelligence (AI) and the selfie camera to create a fun and playful gamified exercise experience. GenMove aims to get more children up off the couch and moving and, in doing so, turn the tables on the sedentary lifestyle that is largely driven by more and more screen time. Any parent knows that sinking feeling when they try to pry their children away from their phones, tablets, and computer screens. It's like preparing for battle. The addictive tendencies and impacts of too much screen time are undeniable. The GenMove app literally puts its players in the game - through AI body tracking - and provides a high-intensity exercise experience, encouraging its players to coordinate their body movement to control their progress through a series of games and levels. The GenMove app allows its players to self-regulate the inte

Vantiva Q3 announcement1.12.2022 18:00:00 CET | Press release

Press Release VantivaQ3 announcement GUIDANCE IS CONFIRMED ADJUSTED EBITDA1OF €50 MILLION IN Q3, UP 40% yoy SOLID REVENUE GROWTH Paris (France), December 1st, 2022 Vantiva (Euronext Paris: VANTI; OTCQX: TCLRY) Following the spin-off of Technicolor Creative Studios (TCS), Vantiva now comprises two separate business segments, each with solid fundamentals and leading positions in their respective markets: Connected Home and Supply Chain Solutions. Vantiva achieved 45% growth in revenue in the quarter, achieving €765 million (+27.1% at constant exchange rate) and driven largely by performance of the Connected Home division, which continues to enjoy strong demand coupled with improved components availability. Adjusted EBITDA amounted to €50 million (+40%), representing 6.5% of revenues (6.8% in Q3 2021). Despite challenging market conditions, including an inflationary environment, Vantiva has increased its adjusted EBITDA by €14 million. The margin dilution in the quarter came mostly from a

Iveco Group announces Senior Leadership Team changes1.12.2022 18:00:00 CET | Press release

Turin, 1st December 2022. Iveco Group N.V. (MI: IVG) today announces the appointment of Angela Qu as Chief Supply Chain Officer and Ángel Rodríguez Lagunilla as Chief Manufacturing Officer, effective immediately. Angela Qu has over 25 years of experience in manufacturing, supply chain, procurement and management consulting. In 1994, Ms. Qu was appointed by Siemens to develop greenfield manufacturing sites in China. She then headed Global Sourcing at Leybold Optics, later acquired by Bühler Group. She joined ABB in 2005, where she worked in Germany and Switzerland with increasing responsibilities, mainly in Supply Chain and ultimately leading the function at global level. In 2019, Ms. Qu was appointed Chief Procurement Officer of Lufthansa Group and was also a member of the Supervisory Board of Lufthansa Cargo. Ms. Qu holds an MBA in Supply Chain Management from ETH Zurich, Switzerland, she is currently an independent Board Director for Gurin Energy and DANX Carousel and a member of the

Rovio Entertainment Corporation: Repurchase of own shares on 1 December 20221.12.2022 17:45:00 CET | Press release

Rovio Entertainment Oyj STOCK EXCHANGE RELEASE 1.12.2022 at 18.45 EETRovio Entertainment Corporation - Repurchase of own shares on 1.12.2022Rovio Entertainment CorporationIn the Nasdaq HelsinkiDate1.12.2022Exchange transactionBUYShare trading codeROVIOAmount, shares35430Average price/share, EUR6,095207Total cost, EUR215953,18Rovio now holds a total of 6 453 043 shares including the shares repurchased on 1.12.2022On behalf of Rovio Entertainment CorporationOP Corporate Bank PLC Further information: Timo Rahkonen, VP Investor Relations & Corporate Strategy +358 40 730 3442 RovioIR@rovio.com Distribution: Nasdaq Helsinki Ltd Key media www.rovio.com About Rovio: Rovio Entertainment Corporation is a global mobile-first games company that creates, develops and publishes mobile games, which have been downloaded over 5 billion times. Rovio is best known for the global Angry Birds brand, which started as a popular mobile game in 2009, and has since evolved from games to various entertainment, a

Coloplast A/S - Announcement no. 14/2022 - Articles of Association1.12.2022 17:33:41 CET | Press release

Articles of Association for Coloplast A/S as adopted at the Annual General Meeting of Coloplast A/S held today, 1 December 2022 are enclosed. Our mission Making life easier for people with intimate health care needs Our values Closeness... to better understand Passion... to make a difference Respect and responsibility... to guide us Our vision Setting the global standard for listening and responding For further information, please contact Investors and analysts Anders Lonning-Skovgaard Executive Vice President, CFO Tel. +45 4911 1111 Aleksandra Dimovska Director, Investor Relations Tel. +45 4911 1800 / +45 4911 2458 Email: dkadim@coloplast.com Kristine Husted Munk Sr. Manager, Investor Relations Tel. +45 4911 1800 / +45 4911 3266 Email: dkkhu@coloplast.com Press and media Peter Mønster Sr. Media Relations Manager Tel. +45 4911 2623 Email: dkpete@coloplast.com Address Coloplast A/S Holtedam 1 DK-3050 Humlebaek Denmark Company reg. (CVR) no. 69749917 Website www.coloplast.com This announ