Thalassa Holdings Limited Supplemental Contract in Ecuador (1875X)
06 Fevereiro 2013 - 5:00AM
UK Regulatory
TIDMTHAL
RNS Number : 1875X
Thalassa Holdings Limited
06 February 2013
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or the "Company")
Supplemental Contract in Ecuador
Further to the Company's announcement on 18 January 2013, the
Board of Thalassa is pleased to announce that its subsidiary, WGP
Energy Services Ltd, has entered into a supplemental contract with
Joint Stock Company Sevmorgeo ("SMG" URL: www.sevmorgeo.com), the
Russian geological sea survey company. The supplemental contract,
which has a value of approximately US$1,000,000, is to supply 11
containers containing ocean bottom nodes and instrument rooms as
part of seismic data acquisition surveys being conducted by SMG in
Ecuador. The work is scheduled to commence immediately and is
expected to be completed by 7 March 2013. The survey in Ecuador is
scheduled to last until 15 June 2013.
Contacts:
Thalassa Holdings Ltd:
Duncan Soukup, Executive Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated adviser):
Chris Fielding, Head of Corporate Finance 020 7220 1650
www.thalassaholdingsltd.com
Notes to Editor:
Thalassa Holdings Ltd, incorporated and registered in the BVI
and quoted on AIM, is a holding company with a focus on marine
seismic operations. The corporate strategy for the Group is
"Exploration and Beyond". "Exploration" is focused on activity in
frontier and challenging locations, whilst "Beyond" focuses on
production activity by looking to secure opportunities in the
permanent reservoir monitoring market. Thus activity and focus will
be dominated by projects in remote and challenging frontier
locations, coupled with lower risk projects in mature producing
regions.
Alongside the technical expertise and consultancy in marine
seismic operations provided through its subsidiary, WGP, the Group
owns and operates two portable modular source systems (PMSS(TM)).
The PMSS(TM) generates a seismic source for use in seismic
acquisition in petroleum exploration and production. The equipment
is temporarily installed on the back of a platform supply vessel
for the purposes of acquiring data.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEASASESADEFF
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