TGS Extends Seismic Contract for M/V Polar Duke

TGS has exercised the first option for the M/V Polar Duke with Dolphin Geophysical AS. This extension is for two months which will take the total charter time to TGS through early October 2011. TGS still has a second option to extend the contract by an additional six months.

The project that the M/V Polar Duke will acquire will be announced separately.

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