Business
Contract Update
Contract Update.
About this update from Thalassa Holdings Ltd
[{"type":"text","content":"\n \nRNS Number : 7716I Thalassa Holdings Limited 04 June 2014 \n \n\n4 June 2014\n \nThalassa Holdings Ltd\n \n(Reuters: THAL.L, Bloomberg: THAL:LN)\n \n(\"Thalassa\")\n \nContract Update\n \n \nThe 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™\") over this oil field.\n \nAs per previous surveys, the PMSS™ was mobilised on a field 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.\n \nDuncan 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.\" \n \nContacts: \nThalassa Holdings Ltd: \n \nDuncan Soukup, Executive Chairman +33 (0)6 78 63 26 89\nWH Ireland Limited (Nominated adviser): \nChris Fielding, Head of Corporate Finance 020 7220 1650\nwww.thalassaholdingsltd.com\n \nNotes to Editor:\n \nThalassa 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. \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END CNTQKNDNCBKDAAK\n ","length":3681,"tagName":"div"}]