EMGS – Contract extension for oil company in Malaysia
Electromagnetic Geoservices ASA (EMGS) is pleased to confirm that a firm contract has been entered into with an oil company in Malaysia.
EMGS reports third quarter 2016 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 4.5 million in the third quarter 2016, down from USD 16.3 million in the third quarter 2015 and from USD 15.1 million in the second quarter 2016.
EMGS – Provisional agreement
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that a customer and the Company have reached a provisional agreement worth approximately USD 8 million.
EMGS will present its results for the third quarter of 2016 on Thursday 3 November
Link to Webcast
EMGS – Invitation to presentation of third quarter 2016 results
Electromagnetic Geoservices ASA (EMGS) will release its third quarter 2016 results on Thursday 3 November 2016. CEO Christiaan Vermeijden and CFO Hege Veiseth will present the results from 10:00 CET at the Company's premises in Dronning Mauds gate 15 in Oslo.
EMGS reports a sale from its multi-client library in the Barents Sea, Norway
Electromagnetic Geoservices ASA (EMGS) announces that the Company has entered into a data licensing agreement for the provision of 3D CSEM data from the multi-client data library in the Barents Sea providing net revenue of USD 1 million to EMGS. The revenue will be recognised in the fourth quarter of 2016.