Thalassa Holdings Limited Trading Update (7828N)
12 Setembro 2013 - 3:00AM
UK Regulatory
TIDMTHAL
RNS Number : 7828N
Thalassa Holdings Limited
12 September 2013
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or the "Company")
TRADING UPDATE
The Board of Thalassa is pleased to announce that, since the
announcement of the Company's Interim Results on 30 July 2013, the
Company has made significant progress in fulfilling its obligations
under customer contracts.
As a result, the Directors are now confident, provided trading
in the remainder of the year remains in line with their
expectations, that the Company's performance for the year ending 31
December 2013 will significantly exceed market expectations.
In addition, the Directors are becoming increasingly optimistic
in the Company's ability to convert a record level of enquiries
into increased revenue in 2014 and beyond.
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
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