TGS announces 2017 Capital Markets Day

ASKER, NORWAY--(Marketwired - Dec 23, 2016) - TGS announces that it will be hosting a Capital Markets Day in London, England on 2 February 2017. The program of presentations will be delivered by TGS' senior management team, led by Kristian Johansen (CEO) and Sven Børre Larsen (CFO), and will cover a number of aspects of the Company's business. In addition, the Q4 2016 financial results and 2017 Guidance will be provided.

TGS will also host a Q&A luncheon with the CEO and CFO in New York City, NY on 3 February 2017 for those unable to attend the event in London. Additional details will be made available prior to both events.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).

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".