TGS-NOPEC Oppdatering 4. kvartal


Naersnes, 9. januar, 2003 - Ut ifra foreløpig rapportering fra driftsenhetene forventer ledelsen nå Netto Driftsinntekter for fjerde kvartal 2002 på ca. USD 35 millioner.  Dette tallet er vesentlig høyere enn USD 31 millioner som selskapet spesifikt estimerte og er også litt over den øvre enden av "rangen" som ble gitt i selskapets seneste guiding den 7. november, 2002 .
 
Full 4. kvartalsrapport er planlagt den 13. februar,2003.
 
TGS-NOPEC is a leading global provider of multi-client geoscience data and associated products and services to the oil and gas industry. TGS-NOPEC specializes in the planning, acquisition, processing, interpretation and marketing of non-exclusive seismic surveys worldwide. A2D Technologies, a wholly owned subsidiary, pioneered the delivery of digital well log data over the Internet and currently offers a one-of-a-kind integrated solution for well log data sourcing, well log data management, and well log correlation. The TGS-NOPEC group places a strong emphasis on providing high-quality data and the highest level of service to the industry.
 
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. These include TGS-NOPEC's reliance on a cyclical industry and principal customers, the company's ability to continue to expand markets for licensing of data, and the company's ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected. TGS-NOPEC undertakes no responsibility to update forward-looking statements.
 
For additional information about this news release please contact:
 
Arne Helland, CFO 
Telephone: +47-31-29-20-00 / +47-91-88-78-29
 
John Adamick, VP Business Development
Telephone: +1 713-860-2102