Idemitsu Petroleum Norge AS has contracted Wavefield Geophysical to carry out a 3D survey offshore Norway

Bergen, Norway, 18 May 2006. Wavefield Geophysical has been commissioned by Idemitsu Petroleum Norge AS to carry out a seismic survey in the North Sea. The project, due to commence in August and expected to take one month, will involve a 3D marine survey offshore Norway.

Located in block 35/7 (PL377 S) within the Norwegian sector of the North Sea, the 3D project will complement existing 3D seismic over parts of the license and provide improved data and better coverage. The survey will be acquired by Wavefield's Bergen Surveyor vessel, which was upgraded in April 2006 and will utilise two streamers and two sources.

The new project will be the first 3D survey for the Bergen Surveyor and adds to a growing list of surveys for the newly-formed Wavefield - recognition of its management team's extensive experience and track record in the industry.

Commenting on the award, Rick Donoghue, Wavefield's Vice President Sales and Marketing said, "This 3D project for Idemitsu, together with the Bergen Surveyor's 2D commitments for other operators this year, illustrates the flexibility of the vessel as a 2D/3D unit which meets a market need for high-quality long offset 2D and efficient, detailed 3D acquisition."

Wavefield Geophysical

Wavefield Geophysical AS is a Norwegian marine geophysical company providing a high quality range of services including long offset 2D, high capacity 3D and full service permanent 4D acquisition. The company specialises in increasing the exploration success of its clients and assisting them in maximising production from their existing reservoirs.

www.wavefield.no

For further information contact:
Rick Donoghue, Vice President Marketing and Sales, Wavefield Geophysical AS
Tel: +44 1293 897466.
Email: rick.donoghue@wavefield.no

Press contact is Tom Miller at Vector Marketing Communications
Tel: +44 1442 877167
Email: tom.miller@vector.co.uk
Web: www.vector.co.uk