TGS ASA - Earnings Release 2020 | FinancialReports.eu

TGS: Q2 2020 Presentation and Conference Call

Asker, Norway (10 July 2020) - Following the pre-announcement of Q2 2020

revenues, TGS will release its entire Q2 2020 results at 7:00 am CEST on 23 July

2020. A pre-recorded presentation of the results and business update featuring

CEO Kristian Johansen and CFO Fredrik Amundsen will be released at www.tgs.com

at the same time.

The same day at CEST 3:00 pm Kristian Johansen, CEO at TGS, will host a

conference call to go through the update and answer questions. We encourage

attendees to call in 5-10 minutes before CEST 3:00 pm to ensure registration and

access.

Telephone conference dial-in details:

Norway: +47 23963688

United Kingdom: +44 3333009034

USA: +1 8335268347

About TGS

TGS provides multi-client geoscience data to oil and gas Exploration and

Production companies worldwide. In addition to extensive global geophysical and

geological data libraries that include multi-client seismic data, magnetic and

gravity data, digital well logs, production data and directional surveys, TGS

also offers advanced processing and imaging services, interpretation products,

and data integration solutions.

Forward Looking Statement

All statements in this press release other than statements of historical fact

are forward-looking statements, which are subject to a number of risks,

uncertainties and assumptions that are difficult to predict, and are based upon

assumptions as to future events that may not prove accurate. These factors

include TGS' reliance on a cyclical industry and principal customers, TGS'

ability to continue to expand markets for licensing of data, and TGS' ability to

acquire and process data product at costs commensurate with profitability, as

well as volatile market conditions, which have been exacerbated by the COVID-19

pandemic and the severe drop in oil prices. Actual results may differ

materially from those expected or projected in the forward-looking statements.

TGS undertakes no responsibility or obligation to update or alter forward-

looking statements for any reason.

For more information, visit TGS.com (http://www.tgs.com) or contact:

Fredrik Amundsen

Chief Financial Officer

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