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TGS ASA Earnings Release 2019

Apr 7, 2020

3774_rns_2020-04-07_298fee0b-5978-470a-b6c3-2a2b74424d69.html

Earnings Release

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TGS to Provide Business Update and Host Conference Call on 8 April 2020

TGS to Provide Business Update and Host Conference Call on 8 April 2020

?Asker, Norway (6 April 2020) - In connection with the scheduled pre-

announcement of Q1 2019 revenues, on 8 April 2020, TGS will provide a business

update amid the COVID-19 situation. The announcement will be released at CEST

7.50 am.

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 23500236

United Kingdom:         +44 3333009030

USA:                            +1 8335268384

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.

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

[email protected] (mailto:[email protected]).