Forward-Looking Statements All statements in this presentation 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…
Strong Q4 2013 Focus on Quality Pays Off Quarterly Net Revenues 2013 Record high quarterly late sales continues to demonstrate quality of library 300.0 Good performance from Central Gulf of Mexico and Barents Sea libraries ahead…
E&P Spending Growth of 6.1% Expected for 2014 More than 300 oil and gas companies worldwide participated in the Dec 2013 Barclays Capital survey Global E&P spending in 2014 is expected to increase 6.1% to a new record of 723…
Key Drivers for Continued Growth 1. Positive outlook for growth in E&P spending 2. Demand for more advanced and expensive to maintain reserve replacement seismic technologies driving increased seismic investments and revenues World…
License Round Activity and TGS Positioning Northeast Greenland Awards from Kanumas pre-round made in Dec 2013 Ordinary round closed with awards Alaska - Offshore expected in H1 2014 Lease sales planned in 2016 & 2017 Norway 23rd…
NSA Capacity Secured for 2014 EUR AMEAP 3D Vessel Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec CGG Alize Gulf of Mexico BGP Prospector Benin Sanco Swift Brazil JV Polar Duchess Australia Option Geo Caspian…
2014 Guidance Multi-client investments 390 460 MUSD Average pre-funding 45 55% Average multi-client amortization rate 40 46% Net revenues 870 950 MUSD Contract revenues approximately 5% of total revenues 8
Summary Strong Q4 2013 performance for TGS Q4 revenues expected to be approximately 270 MUSD Record high quarterly late sales Full year 2013 revenues of approximately 882 MUSD Full year revenue guidance of 810 870 MUSD exceeded…
Returning Cash to Shareholders Dividend yield of 3.5% to 4.0% Dividend (MUSD) and Dividend Yield during last 4 years 160 4.2% 142 TGS holds approximately 1.4 million 140 4.0% treasury shares 120 1% of shares 93 103 3.8% 100…
TGS Values TGS is responsible To our customers by providing quality products and exemplary service To our employees, we commit to treat one another with respect and dignity, recognizing the merit of each and every individual To…
TGS Performs in all Cycles EBIT margin vs. Seismic peers Return on Capital Employed Average EBIT margin above 40% - stable EBIT performance through the cycles ROCE significantly above WACC substantial value creation in any…
Thank you 2013 TGS-NOPEC Geophysical Company ASA. All rights reserved.
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