EMGS reports second quarter 2019 results
Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the second quarter of 2019 are attached.
EMGS – Invitation to presentation of second quarter 2019 results
Electromagnetic Geoservices ASA (EMGS) will release its second quarter 2019 results on Thursday 25 July 2019. CEO Bjørn Petter Lindhom and CFO Hege Veiseth will present the results from 10:00 CET.
EMGS second quarter 2019 presentation – link to webcast
Link to webcast
Vessel update and activity for the second quarter 2019
Electromagnetic Geoservices ASA (the "Company" or "EMGS") releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.
Proprietary acquisition for BP
Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that it has been awarded a contract from BP for a proprietary CSEM survey, offshore Senegal and Mauritania.