Planet Image International Limited shares rise 1.60% intraday after Viridien and TGS complete acquisition of Laconia Phase III survey.

Planet Image International Limited rose 1.60% in intraday trading, with Viridien, an advanced technology, digital and Earth data company, in collaboration with TGS, a global leader in energy data and intelligence, announcing the completion of the acquisition of the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America. This latest phase spans 151 OCS blocks and expands ultra-long offset low-frequency OBN coverage of the Paleogene trend to provide improved seismic data and subsurface imaging over this geologically complex area.