Press Releases

Wavefield Inseis ASA (OSL:WAVE) The National Oil Company of Turkey, TPAO, have awarded Wavefield Inseis a major 3D project offshore Turkey in the Black Sea.

This is the third project Wavefield will have performed for TPAO, and this new 3.000 sq.km 3D adds significantly to our already record high backlog and increases our market share in this highly active region.

"We strongly believe that our previous performances for TPAO have lead to us being awarded this major," stated VP Marketing and Sales Rick Donoghue. "Repeat business from a client such as TPAO highlights our reputation for delivering a high quality service".

For further information, contact: Rick Donoghue, VP Marketing & Sales Tel: 0044 1293897466, Email: rick.donoghue@wavefield-inseis.com

About Wavefield Inseis ASA Wavefield Inseis ASA is a Norwegian marine geophysical company providing proprietary data acquisition services and offers a portfolio of non-exclusive Multi Client data to the global exploration community, developed in partnership with oil companies and governments. Our range of products includes long offset 2D, high capacity 3D, 4D, Multi-azimuth and Wide-azimuth data acquired with highly specified vessels and the latest seismic equipment, including our OPTOWAVE(TM) multi-component ocean bottom cable (4C OBC) system for permanent seismic 4D monitoring that uses optical sensor technology. We are also in the process of launching a new concept for EM acquisition and data analysis. From our main offices in Bergen and Oslo, Norway, and our other locations in London, Houston, Singapore and Perth, Wavefield Inseis has a global reach, with activities worldwide.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Wavefield Inseis ASA

http://www.wavefield.no

ISIN: NO0010295504

Stock Identifier: XOSL.WAVE