Electromagnetic Geoservices ASA

Regulatory Filings • Feb 10, 2014

EMGS commences 3D Multi-client EM Survey US Gulf of Mexico

EMGS commences 3D Multi-client EM Survey US Gulf of Mexico

EMGS will shortly commence acquisition of a 3D multi-client Electromagnetic

survey called Daybreak, which covers approximately 1850 km2 in the Alaminos

Canyon area, southern US Gulf Mexico.

The survey will acquire both DHI resistivity data as well as provide deeper

structural imaging data to be integrated with and improve sub-salt seismic

imaging in the region.

"The Daybreak project is the first phase in a planned multiphase, multi-client

program in the Alaminos Canyon and southern US Gulf of Mexico for EMGS. It

builds on and extends EMGS' extensive acquisition and integration efforts in the

Perdido trend in northern offshore Mexican waters", says David Hicks, President,

Western Hemisphere EMGS.

The EM data will aid oil and gas exploration companies in assessing acreage for

the upcoming western Gulf of Mexico lease round this fall.

The survey, which will be done using the vessel EM Leader, has a

planned duration of approximately 3 months, with possible extensions subject to

further industry interest. The new EM data will be processed by EMGS and be

available to clients before the upcoming Western GOM lease sale, fall of 2014.

The first two months of the survey is fully supported by industry funding.

Contacts

Roar Bekker, EMGS chief executive officer, +47 73 56 88 10

Svein Knudsen, EMGS chief financial officer, +47 73 56 88 10

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.

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#1760324]