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.
EMGS to reduce the global employee expenses
Electromagnetic Geoservices ASA (EMGS) announces a reduction in the Company's cost base in line with a reduced level of activity.