Thalassa Holdings Limited Trading Update for WGP Group Ltd (3292Z)
14 Março 2017 - 4:00AM
UK Regulatory
TIDMTHAL
RNS Number : 3292Z
Thalassa Holdings Limited
14 March 2017
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa", "the Company" or "the Group")
Trading Update for WGP Group Ltd ("WGP")
The Board of Thalassa is pleased to announce that advanced
preparation of mobilisation for WGP's 2017 Spring North Sea
projects is now well underway with operations anticipated to
commence during April, as scheduled.
Further to last December's revenue outlook for 2017, the Board
anticipates that WGP revenue from seismic operations will be
between $15 and $16 million, up between 30% and 40% as compared to
corresponding estimated revenue of $11.6 million for 2016. These
estimates are provided assuming no cancellations or significant
adverse weather conditions.
The Board confirms that the full year results to 31 December
2016 will be released during week commencing 10 April 2017.
Investor Enquiries:
Thalassa Holdings Ltd
Duncan Soukup, Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated Adviser and Broker)
Chris Fielding, Head of Corporate Finance +44 (0)207 220 1650
Press Enquiries:
Square1 Consulting (Public Relations)
David Bick +44 (0)207 929 5599
www.thalassaholdingsltd.com
Note to Editors:
Thalassa Holdings Ltd, incorporated and registered in the BVI
and quoted on AIM, is a holding company currently with positions in
the Energy Services and Defence and Homeland Security
Industries.
This information is provided by RNS
The company news service from the London Stock Exchange
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March 14, 2017 03:00 ET (07:00 GMT)
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