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ThalassaHldgsLtdOrd USD0.01 DI (THAL)

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20-Mar-2014 08:23 AM

Thalassa FY pretax profit rises to $4.9m, from $1.3m

Thalassa Holdings posted a FY pretax profit of $4.9m, from $1.3m. Revenue was $30.6m, from $14.0m. It has nil debt and $32.2m cash, from $2.5m. During the year it raised $22.5m net via two placings totalling 11.74m shares. Operational highlights include
05-Mar-2014 07:58 AM

Thalassa in new multi-client Barents Sea contract

Thalassa subsidiary WGP Survey and TGS-NOPEC Geophysical Company ASA have executed a contract to collaborate on a project to jointly acquire and own multi-client seismic data on 10 survey blocks in the Barents Sea recently announced in the 23rd licencing
25-Feb-2014 07:53 AM

Thalassa Holdings in contract with SAExploration

Thalassa Holdings subsidiary WGP Group Ltd has executed a contract with SAExploration, Inc. to provide shallow water source handling and deployment services for seismic acquisition projects in the North Prudhoe Bay, Alaska. Mobilisation was expected to
08-Jan-2014 07:56 AM

Thalassa says FY pretax profits, eps significantly ahead

Thalassa Holdings anticipates it will significantly exceed market expectations of operating profits, net profits and earnings per share for the year ended 31 December 2013. Although FY accounts have not yet been audited, the boards expects the company&a
26-Sep-2013 08:22 AM

Thalassa appoints Robert Anderson as director

Thalassa has appointed Robert Anderson as a director. At 8:22am: (LON:THAL) share price was +1p at 277.5p Story provided by
23-Sep-2013 07:29 AM

Thalassa proposes acquisition of GO Science

Thalassa has entered into heads of terms and paid a non-refundable deposit of £360,000 in respect of the proposed acquisition of the business, intellectual property and other assets of GO Science Ltd. GO Science was placed into administration on 31 July
12-Sep-2013 07:45 AM

Thalassa Holdings sees FY significantly ahead

Thalassa Holdings said it is confident that, provided trading in the remainder of the year remains in line with their expectations, that the company's performance for the year ending Dec. 31 will significantly exceed market expectations. "The
30-Jul-2013 08:27 AM

Thalassa H1 pretax profit surges to $1.4m, from $0.4m

Thalassa Holdings' first-half pretax profit surged to $1.4 million, from $0.4 million. Revenue was $11.6 million, from $3.9 million. "Our current book of business means that the 2H of 2013 should result in a year of further significant progress
25-Jun-2013 07:55 AM

Thalassa names August Smulders as director

Thalassa has appointed August Smulders as a director. Story provided by
25-Apr-2013 11:27 AM

Thalassa confirms final Statoil contract executed

Thalassa Holdings said that, further to its announcement on Feb. 27, the final contract between its WGP subsidiary and Statoil ASA has been executed. The contract relates to the provision by WGP of long term seismic acquisition services for permanent re
26-Mar-2013 08:04 AM

Thalassa FY revenue, net profit up triple digits

Thalassa Holdings' full-year revenue and net profit were up by triple-digit percentages in what it said was a record financial performance at every level. Revenue rose 477% to $14.0 million, while net profit was up 238% to $1.2 million. "I am
22-Mar-2013 08:39 AM

Thalassa unit in Ecuador supply deal with Sevmorgeo

Thalassa said subsidiary WGP Energy Services has entered a further agreement with Sevmorgeo to supply node handling equipment and associated services as part of seismic data acquisition surveys being conducted in Ecuador. Sevmorgeo is a subsidiary of JS
27-Feb-2013 08:45 AM

Thalassa Holdings' WGP in deal with Statoil ASA

Thalassa Holdings said its WGP subsidiary has received and executed a letter of intent with Norway's Statoil ASA to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the North Sea.
27-Feb-2013 08:38 AM

Thalassa Holdings unit in deal with JSC Sevmorgeo

Thalassa Holdings said its subsidiary, EGP Energy Services, has entered supplemental contracts with Russian geological sea survey company JSC Sevmorgeo (SMG). The contracts are to supply additional services and a vessel as part of seismic data acquisitio
06-Feb-2013 10:42 AM

Thalassa Holdings win additional contract

Thalassa Holdings has announced that its subsidiary, WGP Energy Services, has entered into a supplemental contract with Sevmorgeo ("SMG"), the Russian geological sea survey company. The supplemental contract, which has a value of approximately
18-Jan-2013 07:39 AM

Thalassa unit wins $4.175m conract with SMG Ecuador

Thalassa said its subsidiary, WGP Energy Services Ltd, has won a contract with SMG Ecuador, the Ecuador business of State Sevmorgeo Company. worth an initial $4.175 million. The contract involves the provision and operation of Thalassa's Portable M
11-Jun-2012 02:44 PM

Thalassa expects big rise in profits

Seismic data company Thalassa expects profits to show a several-fold increase against current market forecasts. Thalassa says it now has contracted revenues of £15m for 2012. At 2:44pm: (LON:THAL) share price was +19p at 48.5p Story provided by
11-Jun-2012 09:07 AM

Thalassa announces P Cable joint venture

Thalassa, through its subsidiary, WGP Group, has executed a joint venture arrangement with P-Cable 3D Seismic AS to commercialise P-Cable's patented 3D seismic technology. The benefits of P-Cable's new technology's include the ability to
12-Mar-2012 08:32 AM

Revenue and operating profit up for Thalassa

Thalassa Energy group results for the year to 31 December 2011 show revenue of US$ 2,427,985, an increase of 501% compared to 2010 (2010: US$ 404,086). Operating profit (EBIT) was US$ 344,712, an increase of US$ 535,463 from a loss in 2010 of US$ (190,7
15-Nov-2011 10:16 AM

Operating success at Valhall Field

Another seismic survey at the Valhall oil field in the North Sea has been completed. This has been conducted by WGP Exploration and Thalassa Holdings is its partner. The operations are life of field seismic surveys (LoFS) and with 14 now completed on sc
11-Nov-2011 01:13 PM

Thalassa repays loan from chairman

Thalassa has repaid the final balance of chairman Duncan Soukup's outstanding loan to the company of $247,435 and accrued interest of $20,620. At 1:13pm: (LON:THAL) share price was 0p at 27.5p Story provided by
05-Sep-2011 07:40 AM

Thalassa board expects strongly improved second half

Thalassa Holdings has announced results for the 6 months to 30 June 2011 showing an increase in revenue to US$ 464,777 as compared to the first half of 2010 of US$ nil, as revenue from operations only commenced in the second half of 2010. Revenue in the
25-Nov-2010 10:00 AM

Thalassa Holdings to beat FY expectations

Oil services company Thalassa Holdings Limited said it expects to beat market expectations for the full year on the back of a strong second-half operating performance following better than expected first-half results. The company also said it was returni
11-Jun-2010 08:37 AM

Thalassa wins contract for BP North Sea project

Oilfield services company Thalassa Holdings is to collaborate with WGP Group in providing seismic source for BP's Valhall survey in the Norwegian North Sea. The Valhall Life of Field Seismic (LoFS) program is designed to support the water injection
17-Mar-2010 12:52 PM

Thalassa aiming to unseat RPL board

Virgin Islands-based energy and investment company Thalassa Holdings and CityPoint Holdings have requisitioned a general meeting of Renewable Power & Light, aimed at unseating most of the current board and winding up the company. The move follows unres
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