Tuesday October 7, 10:43 am ET ASKER, Norway--(BUSINESS WIRE)--TGS-NOPEC Geophysical Company (TGS) today announced that it has commenced the acquisition of approximately 9,000 square kilometers of multi-client 3D seismic data located offshore Liberia. Additional planned phases could increase the size of the program significantly by the end of 2009. This substantial program covers a number of blocks recently awarded by the National Oil Company of Liberia ("NOCAL") and has achieved a high level of pre-funding. The first phase of acquisition commenced in September. A second vessel will be added in November for the second phase and will continue through most of 2009. TGS first acquired regional multi-client 2D data in Liberia in 2001. Since that time Liberia has held a number of successful bid rounds. Companies now operating or...
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