August 8, 2022

Magseis Fairfield Q2 2022 Revenue and EBITDA Update

The below information is released to provide Magseis Fairfield shareholders updated financial information in connection with the announced voluntary exchange offer by TGS ASA to acquire all shares of Magseis Fairfield ASA.

July 29, 2022

Correction: Settlement of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), corresponding increase of share capital and related sale of shares by primary insiders

Reference is made to announcement published 4 July 2022, regarding settlement of RSUs and PSUs and corresponding increase in the share capital of Magseis Fairfield ASA.

July 25, 2022

Magseis Fairfield receives award of OBN contract in Gulf of Mexico

With reference to our press release from the 20th of June 2022, we are pleased to announce that the conditional award has been converted into an award.

July 25, 2022

Magseis Fairfield receives conditional award of OBN contract in Asia

We are pleased to announce a conditional award of a 4D Ocean Bottom Node (OBN) project in Asia from a repeat customer.

July 8, 2022

Share capital increase

Reference is made to the stock exchange announcement by Magseis Fairfield ASA (MSEIS) on 4 July 2022 regarding settlement of stock units.

July 4, 2022

Settlement of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), and corresponding increase of share capital

The Board of directors have adopted to increase the share capital of the Company by NOK 31,386.50 by issuance of 627,730 new shares, each with a nominal value of NOK 0.05

June 29, 2022

TGS ASA and Magseis Fairfield ASA announce a recommended voluntary exchange offer by TGS to acquire all shares of Magseis

TGS ASA and Magseis Fairfield ASA announce today that they have entered into a transaction agreement whereby TGS on and subject to certain terms and conditions will put forward a voluntary exchange offer to acquire all shares of Magseis.

June 20, 2022

Magseis Fairfield receives conditional award of OBN contract in Gulf of Mexico

We are pleased to announce a conditional award of an OBN project in Gulf of Mexico from a repeat customer, with an option for a second program extension.

June 20, 2022

Magseis Fairfield awarded OBN contract in the North Sea

Reference is made to the announcement made on the 21st of January 2022, where Magseis Fairfield announced the award of an Ocean Bottom Node (OBN) survey in the North Sea using our Z700 crew.