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In association with Searcher Seismic, Spectrum are applying this technique to an additional 20 open file datasets which adjoin Spectrum's Zeus and Zeebries surveys. The full suite of datasets, known as the 'Olympus Project' will be processed from field tapes by DownUnder GeoSolutions (DUG) and merged to form one conformable regional 3D volume.

The project has received strong industry interest and funding. Full final PSTM products are expected to be available Q2 2017 and PSDM Q3 2017.

For further information, please contact:


Jan Schoolmeesters, COO
Email: jan.schoolmeesters@spectrumgeo.com
Tel: +47 91 77 79 61

Ian Edwards, Exec. Vice President Asia Pacific
Email: ian.edwards@spectrumgeo.com
Tel: +44 1483 730201

About Spectrum

Spectrum provides innovative Multi-Client seismic surveys and high-quality seismic imaging services to the global oil and gas industry from offices in the Norway, UK, USA, Brazil, Egypt, Australia, Indonesia and Singapore. Spectrum designs, acquires and processes seismic data to deliver high quality solutions through its dedicated and experienced workforce.

Spectrum holds the world's largest library of Multi-Client 2D marine seismic data and a significant amount of 3D seismic. The company's strategy focuses on both the major, established hydrocarbon-producing regions of the world as well as key frontier areas identified by our experienced team of geoscientists. The Spectrum library of Multi-Client data contains projects from many of the foremost oil producing regions of the world. These include new acquisition, reprocessing and interpretation reports.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.