ASKER, NORWAY (22 May 2012) - TGS has commenced acquisition of a 3D multi-client survey covering 4,000 km2 in the Northern North Sea near the southern Møre Basin.

This survey, EOTW12, builds on the previously announced Erlend Basin multi-client 3D survey and ties with TGS' existing multi-client 3D database in the Northern North Sea (End of the World).  Upon completion, EOTW12 will form part of a 13,000 km2contiguous 3D volume in this region. The survey will de-risk multiple play types spanning Cretaceous to Triassic age reservoirs and is adjacent to a current exploration well targeting the Albert prospect.

The seismic data is being acquired by the M/V Polarcus Amani and M/V Polarcus Adira and will be completed Q3 2012. Data processing will be performed by TGS and be available to clients Q2 2013.

The survey is supported by industry funding.

TGS-EOTW12-PR-image