Spectrum has commenced the next phase of its 2D Multi-client campaign in South West Africa with a 9,000 km seismic survey over the South Africa Orange basin. The program ties in with the survey over the Namibia Orange Basin that was acquired in Q4 2012.

The seismic data is being acquired by the vessel Northern Explorer and the data will be processed at Spectrum's processing center in the UK, with the final products scheduled for delivery at the end of Q2 2013. The survey is supported by industry funding.

For further information or questions, please contact:

Jan Schoolmeesters, COO, Spectrum ASA
Email: jan.schoolmeesters@spectrumasa.com
Tel: +47 23 01 49 60, Cell: +47 91 77 79 61

Arne Helland, EVP Strategy & Business Development
Email: arne.helland@spectrumasa.com
Tel: +47 23 01 49 60, Cell: +47 91 88 78 29

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