Oioioi blir fest i dag!!!!

PGS' First Simultaneous Node and Streamer Acquisition Contract
March 17, 2021: Oslo, Norway, PGS has been awarded a high-end 3D exploration
survey by Lundin Energy Norway (and partners in PL1083) in the Barents Sea,
where sparse node and high-density multisensor GeoStreamer seismic will be
acquired simultaneously, building on the PGS productivity advantage.

PGS will deploy drop-nodes leased from Geospace Technologies and operate Ramform
Hyperion as streamer vessel and Sanco Swift as source vessel with an ultra-wide
source configuration. The survey polygon covers approximately 3,600 square
kilometers, of which a subset will be covered with node seismic. The project
will commence in late May 2021 with an anticipated duration of 75 days.

"We are very pleased to be awarded this milestone contract by Lundin Energy
Norway. The survey set up in combination with node and streamer seismic will
provide unique data quality in this complex geological province. We have
carefully watched the node market for many years and evaluated several entry
points. We believe this opportunity will provide us with invaluable experience
and insight to the node business and we are confident project execution will be
at par with our industry leading streamer seismic operations", says Rune Olav
Pedersen, President & CEO of PGS.