Viking SeaTech Appoints New GOM Managing Director

Global offshore support specialist Viking SeaTech will officially announce the arrival of Gulf of Mexico Managing Director Tom Bower this week at Offshore Technology Conference (OTC) in Houston. 

Group chief executive Bill Bayliss said: "Tom is a spirited and inspiring leader to steer future American operations.  Formerly of Topaz Energy and Marine, Tom brings almost 30 years of experience to our leadership team. We are recruiting a talented group of highly skilled individuals to support Tom and drive Viking SeaTech's achievable ambitions.  Tom's rich industry knowledge and clout will attract new business and I look forward to the exciting future ahead. I am confident we can maintain the company's success and continue to exceed our customers' expectations stateside.

"Tom will define our strategy to move into the U.S. to strengthen Viking SeaTech's international reputation as a premier supplier of services and solutions. The U.S. market will also be a crucial stepping stone into neighbouring territories as part of group-wide development."

With offices in all of the world's main oil and gas hubs including Aberdeen, Stavanger, Perth, Singapore and Jakarta, Viking SeaTech has a knack of locating emerging business locations and developing their services within the specific marketplace.

Bayliss continued: "We can sense when a potential opportunity for business growth should be translated into reality. Indonesia is fast becoming one of the industry's brightest prospects and we moved swiftly to cultivate our name there. The Jakarta office is an example of our proactive nature and indicates our flexibility in an ever-evolving global energy sphere."

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Sonde Resources, Viking Energy Enter Agreement for Farm-Out Extension

Sonde Resources Corp. announced it has entered into an agreement with Viking Energy North Africa Limited to extend the deadline for meeting the conditions precedent under the Farm-Out Agreement that includes obtaining the consent of Joint Oil to the transfer of a 66.67 percent interest in the Joint Oil Block pursuant to the previously announced farm-out agreement to June 7. To date, the Company and Viking have held a series of discussions and exchanged correspondence with Joint Oil regarding the proposed farm-out and the conditions upon which Joint Oil would be prepared to provide its approval.

As previously disclosed, some of the conditions imposed by Joint Oil are acceptable to the Company and Viking, while others are not. The Company does not believe that the outstanding conditions are supportable under the terms and conditions of the Exploration Production Sharing Agreement and the parties are continuing to seek an acceptable resolution of these issues. While the Company believes that the farm-out should be approved on its merits, no assurance can be given that Joint Oil will approve it or that the farm-out will close. Additionally, there can be no assurance that Viking will agree to a further extension of time if the approval of Joint Oil is not forthcoming prior to June 7.

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