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September 23, 2022

TGS amends minimum acceptance condition to 66.67% for the recommended voluntary exchange offer for all shares in Magseis Fairfield ASA and confirms that such minimum acceptance condition has been satisfied

TGS announces that the condition to the Offer relating to minimum acceptance is partially waived by the Offeror.

September 22, 2022

Update on acceptances of the recommended voluntary exchange offer for all outstanding shares in Magseis Fairfield ASA

As of the date hereof at 08:00 hours (Norwegian time), and subject to customary verification, the Offeror has received acceptances of the Offer for a total of 193,842,471 shares, equalling approximately 71.34% of the outstanding shares and votes in Magseis Fairfield.

September 22, 2022

Magseis Fairfield extends its Revolving Credit Facility (RCF)

The company is pleased to inform that the increased RCF to USD 45 million has been extended further by half a year to March 31, 2023.

September 14, 2022

Magseis Fairfield announces the conclusion of independent statement related to the voluntary exchange offer by TGS to acquire all MSEIS shares

With reference to the announcements made 29 June and 24 August 2022 regarding the recommended voluntary exchange offer by TGS ASA to acquire all shares in Magseis Fairfield ASA.

September 14, 2022

Magseis Fairfield receives updated award with increased scope in North Sea

With reference to the announcement made 30 June 2020, we are pleased to announce that the project scope has been increased.

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