Key Developments: Spectrum ASA (SPU.OL)

SPU.OL on Oslo Stock Exchange

34.40NOK
22 May 2015
Change (% chg)

kr-0.10 (-0.29%)
Prev Close
kr34.50
Open
kr34.50
Day's High
kr35.00
Day's Low
kr34.40
Volume
8,478
Avg. Vol
36,074
52-wk High
kr48.70
52-wk Low
kr25.00

Search Stocks

Latest Key Developments (Source: Significant Developments)

Spectrum and Schlumberger to cooperate on offshore Mexico 2D program
Tuesday, 19 May 2015 02:25am EDT 

Spectrum ASA:Announces cooperation agreement with Schlumberger to jointly aquire and process Spectrum's offshore Mexico 2D program.Cooperation agreement includes more than 44,000 km of regional 2D seismic data in new frontier Campeche/Yucatan area.  Full Article

Spectrum ASA and Schlumberger enter into cooperation regarding Pelotas program
Friday, 24 Apr 2015 01:00am EDT 

Spectrum ASA:Has entered into a cooperation agreement with Schlumberger to acquire 50 pct ownership in Spectrum's Pelotas Multiclient Program.Cooperation agreement includes more than 30,000 kilometers of regional 2D seismic data in new frontier Pelotas Basin, offshore Brazil.  Full Article

Spectrum commences Phase 2 multi-client survey offshore Namibia and South Africa
Friday, 17 Apr 2015 04:25am EDT 

Spectrum ASA:Commences Phase 2 of the 2D Multi-Client Cross-Border Survey offshore Namibia and South Africa.Data will be available for delivery in Q3 2015.  Full Article

Spectrum ASA proposes FY 2014 dividend of NOK 1.00 per share
Friday, 13 Feb 2015 01:00am EST 

Spectrum ASA:Board will propose dividend of 1.00 Norwegian crowns per share for FY 2014.  Full Article

Spectrum commences 2D Multi-Client Project offshore Pelotas Basin, Brazil
Friday, 6 Feb 2015 01:00am EST 

Spectrum ASA:Has commenced a 12,000 kilometer Multi-Client 2D seismic survey offshore the Pelotas Basin of Brazil.Says it is anticipated that the area will be included in the next licensing round, expected in late 2015.Data is being collected by the vessel BGP Challenger and will be processed in Spectrum's processing center in Houston.PreSTM and PreSDM data will be available in early Q3 2015.  Full Article

Spectrum ASA commences 2D multi-client survey offshore Western Australia
Friday, 23 Jan 2015 05:18am EST 

Spectrum ASA:Spectrum has commenced a 4,200 km Multi-Client 2D seismic survey in the South Carnarvon Basin and North Perth Basin, offshore Western Australia.Says acquired data will be processed using broadband processing technologies with final products available in Q3 2015.Survey is supported by industry funding.  Full Article

Spectrum ASA sees Q4 2014 net revenue of about $46 million
Tuesday, 6 Jan 2015 07:00am EST 

Spectrum ASA:Expects Q4 2014 net revenue of about $46 million versus $39 million in Q4 2013.Expects FY 2014 net revenue of about $181 million versus $143 million in FY 2013.  Full Article

Altor buys 23.3 pct in Spectrum
Wednesday, 17 Dec 2014 02:15am EST 

Spectrum ASA:Altor Fund IV (via Altor Invest 1 AS and Altor Invest 2 AS) has on Dec. 17 acquired 10 million shares in Spectrum, corresponding to 23.3 pct of Spectrum shares outstanding.Following the acquisition, Altor holds 10 million shares in Spectrum.Solan Capital AS, a company controlled by Spectrum board member Gunnar Hvammen, sold 1.5 million Spectrum shares at 29 Norwegian crowns per share.Following sale, Hvammen and associated companies have holding of 1,653,695 Spectrum shares, corresponding to about 3.87 pct.Ferncliff Listed DAI 1 AS, company controlled by Spectrum board member Oystein Stray Spetalen, sold 6.1 million Spectrum shares at 29 Norwegian crowns per share.Says after transaction Oystein Stray Spetalen and associated companies have a total holding of 4,181,183 Spectrum shares corresponding to 9.76 pct.  Full Article

Spectrum ASA commences 2D multi-client deep water infill project offshore Uruguay
Tuesday, 25 Nov 2014 03:56am EST 

Spectrum ASA:Spectrum commences a 3,600 kilometer 2D Multi-Client deep water infill project offshore Uruguay.Says survey is supported by industry funding.Says data is being collected by vessel BGP Challenger and will be processed in Spectrum's processing center in Houston.PreSTM and PreSDM data will be available early in Q2 2015.  Full Article

Spectrum ASA commences 2D multi-client project in Sergipe Basin offshore Brazil
Tuesday, 27 May 2014 02:00am EDT 

Spectrum ASA:Says it has commenced a 10,000 kilometer multi-client 2D seismic survey offshore Brazil in Sergipe and Alagoas basins along Eastern Margin of Brazil.New acquisition program will tie main wells in the Basins, including trecent Barra, Muriu, and Farfan discoveries in Sergipe Basin.Data is being acquired with a 10,000 meter long offset to record necessary information to understand basins' architecture as well as image prospective zones in mid and lower Cretaceous sections.Data is being collected by vessel BGP Challenger and will be processed in Spectrum's processing center in Houston.PreSTM and PreSDM data will be available in Q4.To supplement new acquisition in this active exploration area, Spectrum has completed reprocessing of 8,130 kilometers of data through both PreSTM and PreSDM and is also offering this data to industry.Survey is supported by industry funding.  Full Article

BRIEF-Ferncliff Listed DAI 1 AS sells 6.1 million Spectrum shares

* Ferncliff Listed DAI 1 AS, company controlled by Spectrum board member Øystein Stray Spetalen, sold 6.1 million Spectrum shares at 29 Norwegian crowns ($4) per share

Search Stocks