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.
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.
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 customary verification and due settlement of the shares for which acceptances are received, TGS will own 264,750,410 Magseis Fairfield shares, equaling approximately 97.43% of the outstanding shares and votes in the Company.
At Project Greensand, we work to deliver innovative contributions, and we are proud to be at the forefront of our field and offer greater flexibility in the approach to seismic measurements for CCS monitoring.
On 11 October 2022 TGS completed the recommended voluntary offer to acquire Magseis Fairfield, through which TGS acquired approximately 75.40% of the MSEIS shares. The offer triggered an obligation to make a mandatory offer for all the remaining shares.
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