tgs barents 3dTGS reported net revenues of USD 86 million in Q1 2017, up 35% from USD 64 million in Q1 2016. Strong cash flow from operations of USD 185 million helped to grow the cash balance to USD 248 million. Quarterly dividend will be maintained at USD 0.15 per share. "Despite the continued challenging market conditions, TGS delivered strong growth in late sales of 82% from Q1 2016.  We were also successful at securing prefunding for new 2017 projects.  Our cash flow generation and pipeline of investment opportunities positions TGS well to enhance our status as the world's leading multi-client geophysical company," TGS' CEO Kristian Johansen stated. Read More