Fjord Defence Group ASA

Regulatory Filings • Jun 4, 2020

Axxis Geo Solutions signs contract for an extension of previously announced work in the North Sea

Axxis Geo Solutions signs contract for an extension of previously announced work in the North Sea

Lysaker, 4 June 2020

Following the announcement on 20 May 2020, Axxis Geo Solutions ASA (OSE: AGS), has now signed the final contract for the additional scope of work. The additional work will commence directly after conclusion of the previously announced contract in the North Sea and will have a duration of approximately two weeks. The scope of work will be conducted by two seismic vessels.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

Lee Parker, CEO

Lee.parker@axxisgeo.com

+1 832 275 7258

Svein Knudsen, CCO

Svein.Knudsen@axxisgeo.com

+47 906 94 170

Nils Haugestad, CFO

Nils.Haugestad@axxisgeo.com

+47 977 04 439

About AGS

Axxis Geo Solutions (AGS) is a pure-play ocean bottom node seismic company uniquely positioned to pursue both contract and multi-client seismic. AGS specializes on delivering tailored seismic solutions and flexible project management and execution to oil and gas companies world-wide. Its operations are based on a scalable asset-light setup through chartering of vessels and nodes to complete seismic surveys.

AGS is listed on Oslo Axess and traded under the ticker AGS.

More information on www.axxisgeo.com