December 2015

• EMGS reports sales from its Norwegian multi-client library

  Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from the multi-client data library over the Norwegian Sea and the Barents Sea worth a total of USD 4.0 million.

• Hege Veiseth appointed CFO of EMGS

  Electromagnetic Geoservices ASA (EMGS) has appointed Hege A. Veiseth(38) as acting CFO of the company effective from 1 January 2016, following the resignation of Svein Knudsen.

• Completion of Rights Issue in Electromagnetic Geoservices ASA

  NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR THE UNITED STATES.

• EMGS reports multi-client sales from its library in Brazil

  Electromagnetic Geoservices ASA (EMGS) is happy to announce that the Company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Foz de Amazonas and Ceara basin in Brazil worth a total of USD 4.1 million.

• Approved Prospectus and commencement of Subscription Period

  The Financial Supervisory Authority of Norway has approved a prospectus (the “Prospectus”) covering the issue and listing of 1,112,000,000 new shares in Electromagnetic Geoservices ASA (“EMGS” or the “Company”) with tradable subscription rights for existing shareholders of the Company as per the end of 26 November 2015 (the “Rights Issue”).