Thalassa Holdings Limited Contract Update (7716I)
04 Junho 2014 - 3:00AM
UK Regulatory
TIDMTHAL
RNS Number : 7716I
Thalassa Holdings Limited
04 June 2014
4 June 2014
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa")
Contract Update
The Board of Thalassa is pleased to announce that WGP Group
("WGP") has completed the survey in the North Sea announced on 1
April 2014. This is the fifth Life of Field Seismic survey to be
carried out using the Group's Portable Modular Source System
("PMSS(TM)") over this oil field.
As per previous surveys, the PMSS(TM) was mobilised on a eld
platform supply vessel that was converted into a seismic source
vessel for the duration of the project. In total the full data set
of 2,552 km of data was acquired in 4 weeks, excluding mobilisation
and demobilisation time.
Duncan Soukup, Chairman, said: "I am delighted that the first
survey of the summer shooting season has been completed
successfully. The client has expressed satisfaction with the data
shot, which it is anticipated will continue to enhance recovery
from the oil field."
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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