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22 June, 2022 - PGS ASA has decided to initiate a share buy-back program to cover settlement of Performance based Restricted Stock Units granted under the Company's 2019 Long Term Incentive Plan for employees. The buy-back program will be conducted in accordance with the authorization to purchase treasury shares provided to the Board of Directors [...]
June 21, 2022, Oslo, Norway: PGS is awarded a significant acquisition contract, consisting of several 4D surveys, by an international oil company offshore West Africa. Acquisition is scheduled to start early November 2022 and expected to complete early May 2023. "We are very pleased with this contract award, which secures work for Ramform Vanguard [...]
June 17, 2022, Oslo, Norway: PGS has received a conditional award for an acquisition contract over the Smeaheia carbon storage site in the North Sea, operated by Equinor. Acquisition is scheduled to start in August 2022 and expected to complete in September same year. "We are very pleased with another carbon storage acquisition contract by Equinor [...]
Calibre Mining Corp. is pleased to announce that the Company has been granted the key environmental permit for development and production of the Pavon Central open-pit mine from the Ministry of the Environment and Natural Resources in Nicaragua. Darren Hall, Chief Executive Officer of Calibre, stated: "The approval of Pavon Central marks a [...]
New data released by the NPD and the University of Bergen provides unique and rich multiphysics information on seafloor minerals in Norway. OFG participated in data acquisition for three of four of the studies. Imaging of this data can be invaluable for guiding the development of a sustainable minerals sector. Since 2018, the Norwegian Petroleum [...]
Oslo, 2 June 2022: The board of directors of Yara International ASA has today signed a demerger and a merger plan for the internal reorganization and transfer of Yara's Clean Ammonia business to a wholly-owned subsidiary of Yara. The internal reorganization is being implemented as a preparatory step for a potential initial public offering of Yara [...]
June 2, 2022, Oslo, Norway: Reference is made to the announcement issued on March 9, 2022, regarding PGS strengthening its New Energy portfolio. Ocean Floor Geophysics, Inc , a company in which PGS owns approximately 43%, has now completed the acquisition of NCS SubSea and thereby controls the market-leading P-Cable system, which provides [...]
Oslo, 1 June 2022 - DNO ASA, the Norwegian oil and gas operator, yesterday completed a USD 200 million partial call option redemption of its ISIN NO 0010852643 bond loan as referenced in the Company's 11 May 2022 stock exchange announcement. Following this partial redemption and cancellation of USD 23,841,000 bonds previously acquired owned by the [...]
June 1, 2022, Oslo, Norway: Based on information currently available, PGS expects to report MultiClient late sales revenues in excess of $100 million in Q2 2022. MultiClient pre-funding revenues, according to IFRS 15 measurement, are expected to be between $80 million and $100 million in Q2 2022. Reference is made to the statement in PGS Q1 2022 [...]
Paris, May 31, 2022, 5:45 pm PRESS RELEASE Eramet: Approval of the resolutions submitted to the Ordinary Shareholders' General Meeting of 31 May 2022 Eramet's Ordinary Shareholders' General meeting was held on 31 May 2022 in Paris chaired by Ms. Christel Bories, Chair and CEO of Eramet, in accordance with all applicable legal and regulatory [...]
May 31, 2022 Reference is made to the stock exchange announcements by PGS ASA on 4 and 5 May 2022 regarding a successfully placed private placement of 216,216,216 new shares in the Company , raising gross proceeds of approximately NOK 800 million. The Private Placement consists of one tranche of 74,200,000 New Shares and a second tranche of [...]
Highlights Amounts in parentheses refer to the same period in the previous year. Gold production 216.7 kg / 6,967 oz . Gold sales 288.2 kg /9,264 oz Consolidated revenue US$ 17.2 mln Net profit after tax US$ 4.7 mln EBITDA US$ 9.9 mln Net cash flow generated from operating activities US$ 9.1 mln Average selling price for gold US$ 1,861 per oz 2022 [...]
