Echova brings value for our customers and ourselves, by fundamentally changing the way OBN surveys are Planned, Acquired and Imaged, allowing our clients to make better informed, faster, data driven field development decisions.
On January 5, 2023, Magseis Fairfield, the industry leader in OBN acquisition and technology, was acquired by TGS, a global provider of energy data and intelligence, following the completion and settlement of the Offer.
TGS, a global provider of energy data and intelligence, today announced that it signed an LOA to conduct a proprietary sparse OBN survey in the U.S. Gulf of Mexico.
The acceptance period for the Mandatory Offer expired at 16:30 hours (CET) on 21 December 2022. Following completion of the Mandatory Offer and subject to due settlement of the shares for which acceptances are received, the Offeror will own 264,890,034 Magseis Fairfield shares, equaling approximately 97,49% of the outstanding shares and votes in the Company.
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