Following the approval of the merger plan by extraordinary general meetings at TGS-Nopec and Wavefield-Inseis on Sept. 20, 2007, the two companies are under common control.
Offshore staff
OSLO, Norway -- Following the approval of the merger plan by extraordinary general meetings at TGS-Nopec and Wavefield-Inseis on Sept. 20, 2007, the two companies are under common control.
Financial results are consolidated as of Sept. 20, 2007. Financial results for Wavefield-Inseis will be consolidated into and reported in the financial results of TGS-Nopec from the acquisition date onward.
As Wavefield-Inseis ASA continues to exist as a separate listed entity during the eight weeks of the creditor review period starting Sept. 21, 2007, Wavefield-Inseis ASA will issue a financial report for Q3-2007 to the Oslo stock exchange on Oct. 30, 2007.
