26 September 2013
Thalassa Holdings Ltd
(Reuters: THAL.L, Bloomberg: THAL:LN)
("Thalassa" or the "Company")
Appointment of New Non Executive Director
The Board of Thalassa is delighted to announce the appointment of Robert John Anderson as a director of the Company. Mr Anderson, 59, brings 39 years of experience in the Oil, Gas and Petrochemical industry during which he held senior roles with BP, where he was instrumental in the development of BP's permanent reservoir monitoring (PRM) programme, including, most recently until 2010, as VP Projects & Engineering at TNK-BP.
Mr Anderson is a chartered mechanical engineer and a Fellow of the Institution of mechanical Engineers. He attended Christ's College, Cambridge University gaining a degree in Engineering.
Mr Anderson is currently a director of Rob Anderson Consulting Ltd and Arlington Walk RTM Company Limited, and was, until 2009, a director of CJCS RORC (Ryazan Oil Refining Co), OJSC Orenburgneft, LLC TNK-Uvat and OAO Rusia Petroleum.
No further disclosures are required under Schedule II (g) of the AIM Rules.
Thalassa's Chairman, Duncan Soukup, commented: "I am delighted that Rob Anderson has agreed to join the board. He brings a very strong oil & gas industry background and has first hand experience of the PRM market from an oil major's perspective.
Rob will also be acting as a consultant on the proposed acquisition of GO Science Ltd's business and will be supporting the management team on this exciting project."
Contacts:
Thalassa Holdings Ltd:
Duncan Soukup, Executive Chairman +33 (0)6 78 63 26 89
WH Ireland Limited (Nominated adviser):
Chris Fielding, Head of Corporate Finance 020 7220 1650
www.thalassaholdingsltd.com
Notes to Editor:
Thalassa Holdings Ltd, incorporated and registered in the BVI and quoted on AIM, is a holding company with a focus on marine seismic operations. The corporate strategy for the Group is "Exploration and Beyond". "Exploration" is focused on activity in frontier and challenging locations, whilst "Beyond" focuses on production activity by looking to secure opportunities in the permanent reservoir monitoring market. Thus activity and focus will be dominated by projects in remote and challenging frontier locations, coupled with lower risk projects in mature producing regions.
Alongside the technical expertise and consultancy in marine seismic operations provided through its subsidiary, WGP, the Group owns and operates two portable modular source systems (PMSS™). The PMSS™ generates a seismic source for use in seismic acquisition in petroleum exploration and production. The equipment is temporarily installed on the back of a platform supply vessel for the purposes of acquiring data.
