WGP Exploration Press Release (6899O)
21 Setembro 2011 - 12:18PM
UK Regulatory
TIDMTHAL
RNS Number : 6899O
Thalassa Holdings Limited
21 September 2011
Thalassa Holdings Ltd
("Thalassa" or the "Company")
WGP Exploration Press Release
Further to the Company's regulated announcement of 10 August,
the Company's partner WGP Exploration Limited released a press
release regarding its ongoing operations over the Valhall field in
the North Sea. That press release is reproduced in full below:
Contact:
Duncan Soukup, Chairman Tel: + 33 (0) 6 78 63 26 89
Thalassa Holdings Ltd
Antony Legge/James Felix Tel: + 44 (0)20 7776 6550
Daniel Stewart & Company plc
M/V Stril Myster, Valhall, 20(th) September 2011
WGP Exploration Ltd is pleased to announce operations of the
third Life of Field Seismic (LoFS) survey over the Valhall field in
the North Sea. The survey was mobilised on August 23 and is now
nearing completion.
In 2003 Life of Field Seismic was permanently installed with
120kms of Ocean Bottom Cable over the Valhall field. In 2010 BP
contracted WGP to continue the provision of the precisely
positioned source sub-arrays. This is necessary to maintain the
high level of repeatability required for an effective Permanent
Reservoir Monitoring (PRM) project. Now in its ninth year, and its
14(th) survey, the Valhall LoFS project continues to provide high
quality data mapping over time, which affords BP analysts vital
insight into the geophysical and fluid movements of the field.
WGP has again utilised Thalassa Energy Services Ltd's (TESL)
containerised seismic source system which was fully installed
during a 4 day mobilisation period onto the back deck of the M/V
Stril Myster.
Marcus Smith, WGP's Operations Manager, commented, "The
financial, technological and logistical benefits of using
Thalassa's Portable Modular Source System (PMSS(TM)) to convert a
regular and available Valhall field platform supply vessel into a
highly capable seismic source vessel twice a year, or whenever
required, speak for themselves. Combined with WGP's industry
leading experience with this field of niche seismic exploration and
our commitment to safe and efficient operations at all times we
look forward to another high worth survey completion by
mid-October."
This information is provided by RNS
The company news service from the London Stock Exchange
END
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