Thalassa Holdings’ subsidiary WGP Group Ltd has executed a contract with SAExploration, Inc. to provide shallow water source handling and deployment services for seismic acquisition projects in the North Prudhoe Bay, Alaska.
Mobilisation is anticipated to start on 15 June 2014 and the survey will last approximately 90 days from 15 July 2014. The total contract value for services provided to SAExploration is approximately USD$4 million.
“I am pleased that WGP has been selected to provide SAExploration with a unique seismic solution, which will meet the end customer’s needs. Whilst it is early in the year, we expect further contract announcements to be made in the foreseeable future.”