Electromagnetic Geoservices ASA

Regulatory Filings • Jun 4, 2015

EMGS continues to work for PEMEX in Mexico

EMGS continues to work for PEMEX in Mexico

Electromagnetic Geoservices ASA (EMGS) has received a letter from PEMEX to

return for 3D EM acquisition in Mexico. The vessel BOA Galatea is expected to

re-start the work for PEMEX. The order is confirming a continuation of the

existing contract for PEMEX, announced on 27 June 2013.

"We are delighted to start working for PEMEX again in this exciting region,"

said Bjarte Bruheim, CEO of EMGS.

The duration of the acquisition is not settled. Further information will be

announced in due course.

Contacts

Svein Knudsen, EMGS chief financial officer, +47 911 41 149

Charlotte Knudsen, EMGS head of investor relations, +47 97 56 19 59

About EMGS

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM)

technology to support oil and gas companies in their search for offshore

hydrocarbons. EMGS supports each stage in the workflow, from survey design and

data acquisition to processing and interpretation. The company's services enable

the integration of EM data with seismic and other geophysical and geological

information to give explorationists a clearer and more complete understanding of

the subsurface. This improves exploration efficiency and reduces risks and the

finding costs per barrel.

EMGS operates on a worldwide basis with main offices in Trondheim and Oslo,

Norway; Houston, USA; and Kuala Lumpur, Malaysia.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1926230]