TGS Announces New Non-Exclusive Aeromagnetic Survey in Vietnam

Thursday, April 05, 2007

TGS-NOPEC Geophysical Company ASA (TGS) has begun acquisition of a 46,000 square kilometer non-exclusive aeromagnetic survey in the Mekong Delta area of Vietnam. A planned second phase of acquisition will include aerogravity data. The survey is strongly supported by industry pre-funding and is being carried out in collaboration with Petrovietnam.

“The Mekong Delta has good, yet untested hydrocarbon potential and numerous oil companies have expressed interest to both TGS and Petrovietnam to see this survey undertaken. The survey area is adjacent to productive areas offshore but lacks any previous geophysical data to define basin architecture.” says Paul Gilleran, TGS General Manager Asia-Pacific region.


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