ASKER, Norway, Aug. 03, 2017 (GLOBE NEWSWIRE) -- Following the authorization from the Annual General Meeting on 9 May 2017, the
Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.15 per
share (NOK 1.19 per share).
Key information relating to the cash dividend:
Dividend amount and declared currency: USD 0.15 per share (equivalent to NOK 1.19 per share)
Last trading day including right: 9 August 2017
Ex-date: 10 August 2017
Record date: 11 August 2017
Payment date: 24 August 2017
Date of approval: 2 August 2017
Company summary
TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies
worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data,
magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and
imaging services, interpretation products, and data integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject
to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future
events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principle customers, TGS'
ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs
commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking
statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY”.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading
Act.
For additional information about this press release please contact: Sven Børre Larsen Chief Financial Officer Tel: +47 90 94 36 73 Email: sven.larsen@tgs.com Will Ashby VP HR & Communication Tel: +1 713 860 2184 Email: will.ashby@tgs.com