REG - Thalassa Holdings - Multi Client Data Sales Update <Origin Href="QuoteRef">THAL.L</Origin>

Thalassa HoldingsAnnouncement

10/10/2016 07:06

RNS Number : 0775M
Thalassa Holdings Limited
10 October 2016
10 October 2016
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or the "Company")
Multi Client Data Sales Update
The Board of Thalassa is pleased to announce that WGP Survey Ltd, a wholly owned subsidiary of WGP Group Ltd ("WGP"), has made further sales of the multi client data acquired with TGS-NOPEC Geophysical Company ASA in 2014. These sales will generate approximately USD$2 million in additional gross revenue prior to allocation amongst the multi client partners.
Duncan Soukup, Chairman of Thalassa, said: "These data sales are extremely welcomed and we expect to be able to issue a trading update in the coming weeks, which will also reflect the completion of the current acquisition programmes in the North Sea." 
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 with subsidiaries in the Energy Services and Defence and Homeland Security Industries, with a current focus on marine seismic operations.

This information is provided by RNS
The company news service from the London Stock Exchange
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