Company Presentation at Pareto Securities' 28th Energy Conference 2021

September 16, 2021

(Oslo, 16 September 2021)

In conjunction with Pareto Securities’ 28th Energy Conference, Magseis Fairfield, the recognized global leader in OBN seismic (OSE ticker code: “MSEIS”), today holds a presentation in Oslo, Norway. The presentation will be held by CEO Carel Hooijkaas.

Highlights from the presentation include:

- Completed company turnaround, right setup for the next chapter

- Seismic service backlog doubled to record level, improving market outlook

- Expanding into renewables as part of the energy transition opening up new market opportunities

- Launching “Echova” – a platform integrating the OBN seismic value chain, driving efficiency and value creation

“Our backlog has doubled to record levels, and the market outlook is improving. As the market leader this provides us with opportunities to further build our 2022 backlog at improved rates. Magseis Fairfield sees growth opportunities across the energy transition, and continued technology leadership is key to capture these. I am therefore especially happy to introduce our investors and customers to Echova, a platform integrating the OBN seismic value chain, driving customer value, efficiency, and market opportunities”, says CEO Carel Hooijkaas in Magseis Fairfield.

Please see the full presentation here.

Click here for more information about Echova.

For further information, please contact:

Carel Hooijkaas, CEO
Tel: +47 480 49 277
Email: carel.hooijkaas@magseisfairfield.com

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

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Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System "MASS" nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

The Company is headquartered in Oslo, Norway and has offices in US, Sweden, UK, Brazil and Singapore. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.