Thalassa Holdings Limited New Contract Award (8264A)
25 Fevereiro 2014 - 4:01AM
UK Regulatory
TIDMTHAL
RNS Number : 8264A
Thalassa Holdings Limited
25 February 2014
25 February 2014
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or the "Company")
New Contract Award
The Board is pleased to announce that its subsidiary WGP Group
Ltd has executed a contract with SAExploration, Inc. (a subsidiary
of SAExploration Holdings, Inc. a company listed on NASDAQ) to
provide shallow water source handling and deployment services for
seismic acquisition projects in the North Prudhoe Bay, Alaska.
Mobilisation is anticipated to commence on 15 June 2014 and the
survey will last approximately 90 days from 15 July 2014. The total
contract value for services provided to SAExploration is
approximately USD$4 million.
Thalassa's Chairman, Duncan Soukup commented:
"SAExploration, Inc. is an established operator on the North
Slope, Alaska, a region which has a large and repeat client base of
multinational oil companies. WGP will be assisting SAExploration in
developing a shallow water source handling and deployment system
intended to increase productivity during the short summer weather
window."
"I am pleased that WGP has been selected to provide
SAExploration with a unique seismic solution, which will meet the
end customer's needs. Whilst it is early in the year, we expect
further contract announcements to be made in the foreseeable
future."
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 subsidiaries in the
Energy Services and Defence and Homeland Security Industries, with
a focus on marine seismic operations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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