Update on Survey in South America
Reference is made to the stock exchange notifications published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on, respectively, 19 and 26 October 2018, regarding an acquisition in South America for an undisclosed customer.
EMGS reports third quarter 2018 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 6.0 million in the third quarter 2018, down from USD 10.7 million in the third quarter 2017 and down from USD 7.9 million in the second quarter 2018. Contract sales and other revenues totalled USD 1.3 million, while multi-client sales amounted to USD 4.7 million in the third quarter 2018.