New 3D Contract with BG Group plc Gives Highest Ever Backlog
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Investor relations > Regulatory release > 27 November 2007
New 3D Contract with BG Group plc Gives Highest
Ever Backlog
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Oslo, Norway, 27 November, 2007 Wavefield Inseis ASA has been issued a Letter of Intent (LOI)
by BG Group plc (BG) to award a 3D seismic contract for Block 6302/6, located in BG’s Tulipan West
licence (PL 388) in the Norwegian Sea.
The survey will be the first time the two companies have worked together and it will utilize the
Geowave Master, one of Wavefield’s two new large multi-streamer vessels launched earlier this year.
The survey will take place during 2008 and is expected to take between 2 and 3 months to acquire.
“We are extremely pleased to be selected by BG and look forward to working with them on this
project.” commented Rick Donoghue, Wavefield Inseis’ vice president sales and marketing.
This contract is one out of several awards that Wavefield Inseis has received during the last few
weeks and brings the backlog as of 27th November up to its highest ever value and means that 60%
of the existing capacity is already sold for 2008.
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For further information contact:
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Erik Hokholt, CFO, Wavefield Inseis ASA
Tel: +47 67 82 84 09
Email: [email protected]
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Rick Donoghue, Vice President Marketing and Sales, Wavefield Inseis ASA
Tel: +44 1293 897466
Email: [email protected]
Wavefield Inseis ASA
Strandveien 15, P.O. Box 123, N-1325 Lysaker, Norway
00
T +47 67 82 84
http://www.wavefield-inseis.com/news/newsitem.php?nid=136 (1 of 2) [05/05/2009 15:24:17]
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New 3D Contract with BG Group plc Gives Highest Ever Backlog
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