Regulatory Filings • Feb 13, 2015
Regulatory Filings
Open in ViewerOpens in native device viewer
EMGS - Sales from the multi-client library in the Barents Sea
Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of USD 2.5
million related to the licensing round for mature areas on the Norwegian
continental shelf - Awards in Predefined Areas (APA).
EMGS' multi-client data library in Norway now covers 44,000 km2 in the Barents
Sea, in addition to approximately 10,000 km2 in the Norwegian Sea and 1,400 km2
in the North Sea.
Contacts
Svein Knudsen, Chief Financial officer +47 911 41 149
Charlotte Knudsen, Head of investor relations, +47 97561959
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.
For more information, visit www.emgs.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1894376]
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.