Electromagnetic Geoservices ASA (“EMGS” or the “Company”) has today received a letter of intent for a fully pre-funded multi-client survey in the Norwegian Barents Sea.
The total value of the letter of intent is approximately USD 2.5 million. The Company will mobilise the vessel Atlantic Guardian to carry out the survey, and expects to complete acquisition work within the second quarter of 2019.
Contact
Hege Veiseth, CFO, +47 992 16 743