As announced on August 29, 2005, CGG has previously acquired approximately 60 percent of the shares in the company, also at a price of NOK 340 per share. Following the purchase of today, CCG holds in aggregate 5,833,603 shares in Exploration Resources, corresponding to approximately 88.35 percent of the issued shares. Adjusted for treasury shares CGG holds approximately 90.02 percent of the votes in Exploration Resources.
Exploration Resources is listed on Oslo BÝrs under the ticker code "EXRE".
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