Spectrum ASA: Spectrum extends current Revolving Credit Facility


Spectrum extends the 24 month Revolving Credit Facility of NOK 195 mill entered into with Danske Bank in June 2015
by 24 months from 24 June 2017 to 23 June 2019. The financial terms of the facility remains unchanged for the new
24 month period.

For further information, please contact:

Henning Olset; CFO
Email: Henning.Olset@Spectrumgeo.com
Mobile phone: +47 922 66948

About Spectrum
Spectrum provides innovative Multi-Client seismic surveys and seismic imaging
services to the global oil and gas industry from offices in Norway, the UK, USA,
Brazil, Egypt, Australia, Indonesia and Singapore. Spectrum designs, acquires
and processes seismic data to deliver high quality solutions through its
dedicated and experienced workforce. Spectrum holds the world's largest library
of Multi-Client 2D marine seismic data and a significant amount of 3D seismic.
The  company's  strategy  focuses  on  both  the major, established hydrocarbon-
producing  regions of the world as well  as key frontier areas identified by our
experienced  team of  geoscientists. The Spectrum library  of Multi-Client data
contains  projects from many of the foremost oil producing regions of the world.
These include new acquisition, reprocessing and interpretation reports.

    

     

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.