MAGSEIS ASA (MSEIS.OL)

TekBot · november 23, 2021, 7:00am

Magseis Fairfield conditional award for a 4D OBN contract in the North Sea

(Oslo, 23 November 2021) Magseis Fairfield announces the conditional award of a 4D Ocean Bottom Node (OBN) survey in the North Sea. The survey will be conducted with Magseis Fairfield’s Z700 technology. Start-up is expected in Q2 2022, and the project will run for approximately one month.

“The survey will commence following completion of the Asia project that was announced in August 2021. We are pleased to see that our Z700 crew continues to experience high demand” says Carel Hooijkaas, CEO in Magseis Fairfield.
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For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Carel Hooijkaas, CEO
Tel: +47 480 49 277
Email: carel.hooijkaas@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · desember 27, 2021, 7:00am

Magseis Fairfield awarded 3D OBN survey

(Oslo, 27 December 2021) Magseis Fairfield announces the award of a 3D Ocean Bottom Node (OBN) survey. The survey will be conducted with Magseis Fairfield’s MASS technology. Start-up is expected in Q2 2022, and the project will run for approximately three months.

“This award further strengthens our backlog for H1 2022. This award means that we will have our full technology offering deployed during Q2 2022. We continue to see an increase in demand and now focus on opportunities for H2 2022.” says Carel Hooijkaas, CEO in Magseis Fairfield.
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Vis børsmeldingen

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Carel Hooijkaas, CEO
Tel: +47 480 49 277
Email: carel.hooijkaas@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

torsteinius · januar 6, 2022, 1:52pm

torsteinius · januar 6, 2022, 2:02pm

We continue to innovate OBN space and offer Node Drop as part of our toolbox. Take a look at our Node Drop animation.

schelvis · januar 6, 2022, 2:14pm

Mye positivt om dagen, men venter vel fortsatt på den virkelige oppgangen fortsatt.

torsteinius · januar 6, 2022, 2:17pm

Folk må først forstå at det ikke er slutt på leting, og så må vel Magseis fortsette å levere høy margin som kommer til syne i regnskapet.

Marginene var litt skralle tidlig under COVID…

TekBot · januar 8, 2022, 7:00am

Settlement of restricted stock units (RSUs) and corresponding increase of share capital

(Oslo, 8 January 2022) The Board of directors have adopted to increase the share capital of the Company by NOK 123,715.90 by issuance of 2,474,318 new shares, each with a nominal value of NOK 0.05, to settle 2,474,318 restricted stock units (RSUs).

These RSUs are the result of a retention incentive award given to certain employees in December 2018, with a vesting period of three years.
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List of the primary insiders receiving RSUs and PDMR* notifications pursuant to the Market Abuse Regulation article 19 is attached to this announcement.

*Persons Discharging Managerial Responsibilities.

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · januar 11, 2022, 3:30pm

Magseis Fairfield discloses mediation process.

(Oslo, 11 January 2022) Magseis Fairfield ASA today discloses an ongoing mediation process between Magseis Fairfield ASA and Fairfield Industries Inc. regarding certain contractual claims between the parties. The first notification regarding a potential claim was sent by Magseis Fairfield to Fairfield Industries Inc. in March 2019. While the process has progressed to mediation since then, no certainty can be given to the outcome of the mediation process nor the timing of any such outcome.

On 30 October 2018 Magseis ASA entered into a transaction agreement for the purchase of all the shares in Fairfield Industries International Limited and all membership interests in Fairfield Seismic Technologies LLC from Fairfield Industries Inc. The transaction was completed on 18 December 2018.
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The mediation process relates to a project in the Middle East that represented a major part of Fairfield Seismic Technologies’ project backlog at the time of the transaction.

Magseis Fairfield will provide further information about the mediation process when relevant, including with respect to any material developments in such process. The last mediation hearing that was scheduled for October 2021 has repeatedly been postponed due to covid-19 travel restrictions and is now scheduled for March 2022.

“This announcement is a response to questions received by Magseis Fairfield ASA and an attempt to avoid unnecessary speculations. The company’s management and board are pursuing the company’s interests in this case, although the possible outcome of the mediation process remains uncertain. Meanwhile, our main focus remains on the continuing operational and financial success of Magseis Fairfield in an improving market for OBN seismic services.”, says Carel Hooijkaas, CEO of Magseis Fairfield.

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Carel Hooijkaas, CEO
Tel: +47 480 49 277
Email: carel.hooijkaas@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

torsteinius · januar 21, 2022, 10:32am

Litt optimistisk, men hvorfor ikke. Oljeprisen trekker i hvert fall ikke ned pr idag.

Ellers magler dagens to kontrakter her, men det har vel kommet frem før:

Magseis Fairfield er tildelt to nye OBN-kontrakter fra gjentagende kunder, etter at kundene har valgt å utøve opsjoner med henvisning til børsmeldinger fra henholdsvis 6. januar og 3. desember, opplyses det i en børsmelding.

Den ene er i Nordsjøen med en forventet oppstart sent i andre kvartal, mens den andre er i Mexicogolfen med oppstart i andre kvartal og en forventet varighet på om lag 2 måneder.

torsteinius · januar 23, 2022, 1:36pm

TekBot · februar 9, 2022, 7:00am

Magseis Fairfield confirms 4D OBN contract in the North Sea

(Oslo, 9 February 2022) Magseis Fairfield today announces the final signing of a 4D Ocean Bottom Node (OBN) survey in the North Sea. Reference is made to a stock exchange release on the 23rd of November 2021, where the company announced a conditional award of this contract.

The survey will be conducted as planned with the Z700 crew. Start-up is expected during the second quarter and the project will run for approximately one month.
…

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“The survey will commence following completion of an ongoing project in Asia. We are pleased to see that our Z700 crew continues to experience high demand and that we continue to firm up the backlog for 2022” says Carel Hooijkaas, CEO in Magseis Fairfield.

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Carel Hooijkaas, CEO
Tel: +47 480 49 277
Email: carel.hooijkaas@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · februar 10, 2022, 9:59am

Registered share capital increase

(Oslo, 10 February 2022) Reference is made to the stock exchange announcement by Magseis Fairfield ASA (MSEIS) on 8 January 2022 regarding settlement of restricted stock units.

The share capital has now been registered with the Norwegian Register of Business Enterprises (“Foretaksregisteret”). Following the registration, the new share capital of the Company is NOK 13,509,833 divided into 270,196,660 shares, each with a nominal value of NOK 0.05.
…

Vis børsmeldingen

For further information, please contact:

Stig Hognestad, CFO
Tel: +47 902 59 040
Email: stig.hognestad@magseisfairfield.com

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

torsteinius · februar 11, 2022, 5:35pm

TekBot · februar 18, 2022, 10:03pm

Magseis Fairfield – Request for extraordinary general meeting

(Oslo, 18 February 2022) Magseis Fairfield today announces that shareholders representing 6.68% of the outstanding shares and votes in Magseis Fairfield ASA have made a request for the board of directors to convene an Extraordinary General Meeting (EGM) for the purpose of resolving:

Investigation of the transaction between Magseis ASA and Fairfield Industries Inc. and affiliates, including potential claims and the subsequent follow-up of the transaction. The shareholders will present the mandate for the investigation no later than at the EGM.
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An instruction to the board of directors to take adequate steps to prevent potential claims against Fairfield’s representatives to become time barred.

The board of directors will call for an EGM to be held within one month from today.

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · februar 25, 2022, 11:01am

Magseis Fairfield – Update on request for extraordinary general meeting

(Oslo, 25 February 2022) Reference is made to the announcement made on the 18th of February 2022 regarding a request for an extraordinary general meeting (EGM). The shareholders representing 6.68% of the shares have postponed their request. The board of directors of Magseis Fairfield will call for an EGM to be held no later than 22nd of March 2022.

The board of directors will publish further information in due course.
…

Vis børsmeldingen

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · mars 1, 2022, 4:46pm

Magseis Fairfield - Notice of extraordinary general meeting

(Oslo, 1 March 2022) Reference is made to the stock exchange announcements dated 18 February and 25 February 2022 regarding the request for an extraordinary general meeting.

An extraordinary general meeting of Magseis Fairfield ASA will be held as an online event on Tuesday 22 March 2022 at 17:00 (CET). The notice and registration forms are attached to this release. These will also be sent to all registered shareholders.
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Note that the deadline for registration of advance voting and proxy is 18 March 2022 at 16:00 (CET).

All attachments and information are available at https://www.magseisfairfield.com/general-meeting. A guide for details on how to attend this online event is also available on the company’s website.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

The Company is headquartered in Oslo, Norway and has offices in US, UK, Brazil and Singapore.

Kilde

TekBot · mars 3, 2022, 4:01pm

Magseis Fairfield Investor Presentation at Sparebank 1 Markets Energy Conference 2022

(Oslo, 3 March 2022) In conjunction with Sparebank 1 Markets Energy Conference, Magseis Fairfield (OSE ticker code: “MSEIS”) held a presentation in Oslo, Norway today. The presentation was held by CEO Carel Hooijkaas.

Please see the attachment for the full presentation.
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Vis børsmeldingen

For further information, please contact:

Stig Hognestad, CFO
Tel: +47 902 59 040
Email: stig.hognestad@magseisfairfield.com

Carel Hooijkaas, CEO
Tel: +47 480 49 277
Email: carel.hooijkaas@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

torsteinius · mars 3, 2022, 4:13pm

https://newsweb.oslobors.no/obsvc/attachment.obsvc?messageId=555594&attachmentId=233772&obsvc.item=1

10 prosent økning i backloggen allerede i 2022…

TekBot · mars 3, 2022, 10:01pm

Magseis Fairfield - Mandatory Notification of Trade

(Oslo, 3 March 2022) Roar Bekker, board member of Magseis Fairfield, has today 3rd of March 2022 bought 29,834 shares in Magseis Fairfield at a price of NOK 4.07 per share. Following the transaction Mr. Bekker owns 49,834 shares in the company.

PDMR notification pursuant to the Market Abuse Regulation article 19 is attached to this announcement.
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Vis børsmeldingen

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Stig Hognestad, CFO
Tel: +47 902 59 040
Email: stig.hognestad@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · mars 16, 2022, 1:13pm

Settlement of restricted stock units (RSUs) and corresponding increase of share capital

(Oslo, 16 March 2022) The Board of directors have adopted to increase the share capital of the Company by NOK 44,126.77 by issuance of 882,535 new shares, each with a nominal value of NOK 0.05, to settle 882,535 restricted stock units (RSUs) for Management and members of the Board of Directors.

The RSUs for Management are the result of the Company’s Long Term Incentive Program (“LTIP”) earned in 2021 where settlement is in shares through the established RSU program. 40% of the earned LTIP in 2021 will be settled in shares in March/April 2022, 40% in 2023 and 20% in 2024.
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For the RSUs granted to the Board of Directors, reference is made to the Annual General Meeting (AGM) of Magseis Fairfield on 7 April 2021, and its approval of the compensation packages for the Board of Directors. The members of the Board of Directors of Magseis Fairfield were granted a total of 150,000 restricted stock units (RSU’s) as part of their compensation and the AGM authorised the board of directors to increase the share capital in connection with the settlement of the RSUs.

List of the primary insiders receiving RSUs and PDMR* notifications pursuant to the Market Abuse Regulation article 19 is attached to this announcement.

*Persons Discharging Managerial Responsibilities.

For further information, please contact:

André Bjørvik, SVP Corporate Communication
Tel: +47 907 42 746
Email: andre.bjorvik@magseisfairfield.com

Magseis Fairfield is the global leading provider of ocean bottom seismic (OBS) technology and data acquisition projects. The company has a flexible business model with full scale node operations, as well as lease and sale models. The Marine Autonomous Seismic System “MASS” nodes and the range of Z-nodes combined with handling systems and source technology enables market leading deployment speed and highly cost-efficient acquisition of data with exceptional quality.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde