PGS PGS ASA

PGS ASA: Q2 2020 Virtual Roadshow

PGS ASA: Q2 2020 Virtual Roadshow

July 2, 2020: Oslo, Norway; President & CEO Rune Olav Pedersen and EVP & CFO Gottfred Langseth are available for investor conference calls after release of the Q2 2020 results.

The conference call slot is 30 minutes and senior management is available from 12:30 to 16:00 CEST on Thursday July 23.

To schedule a conference call, please send your request to . Call-in details will be provided once a conference call is scheduled.

FOR QUESTIONS, CONTACT:

Bård Stenberg, SVP IR & Corporate Communication

Mobile:  +47 99 24 52 35

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PGS ASA and its subsidiaries (“PGS” or "the Company") is a focused marine geophysical company that provides a broad range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The Company MultiClient data library is among the largest in the seismic industry, with modern 3D coverage in all significant offshore hydrocarbon provinces of the world. The Company operates on a worldwide basis with headquarters in Oslo, Norway and the PGS share is listed on the Oslo stock exchange (OSE: PGS). For more information on PGS visit .

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EN
02/07/2020

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Reports on PGS ASA

Steffen Evjen
  • Steffen Evjen

Winter is coming

Streamer vessel demand remains muted (2024e tracks ~10% below pandemic levels). We believe a potential recovery in the TGS equity case rests on supply-side discipline remaining intact despite what appears to be a challenging winter season utilisation-wise along with key peer Shearwater’s cash flow-supportive agreement with Viridien expiring in January.

ABGSC Oil & Oil Services Research ... (+6)
  • ABGSC Oil & Oil Services Research
  • Haakon Amundsen
  • John Olaisen
  • Martin Mauseth
  • Oliver Dunvold
  • Stian Wibstad

Crude Quarterly Q3'24: Lower oil price

Oil inventory draws for the rest of 2024. IEA is wrong – peak demand is not imminent. Both E&P and oil service shares look highly attractive.

ABGSC Oil & Oil Services Research ... (+2)
  • ABGSC Oil & Oil Services Research
  • John Olaisen

Terminating coverage

ABGSC has ceased coverage of PGS due to its acquisition by TGS.

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