News
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EMGS receives Letter of Intent
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.
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Update on Survey in South-East Asia
Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on 20 February 2019, wherein the Company announced that it had received a letter of award from an undisclosed customer for a proprietary data acquisition survey in south-east Asia.
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Update on multi-client Letter of Intent
Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA (“EMGS” or the “Company”) on 22 February 2019, announcing that the Company had received a multi-client letter of intent with an approximate value of USD 8 million.
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EMGS receives multi-client Letter of Intent
Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that the Company has today received a letter of intent with an approximate value of USD 8 million from an undisclosed customer.
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Update from EMGS
Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that the Company has received a letter of award from an undisclosed customer for a proprietary data acquisition survey in south-east Asia. The total contract value of the survey is estimated to be in excess of USD 20 million.
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EMGS reports fourth quarter 2018 results
Electromagnetic Geoservices ASA ("EMGS" or the "Company") recorded revenues of USD 13.4 million in the fourth quarter 2018, up from USD 10.8 million in the fourth quarter 2017 and up from USD 6.0 million in the third quarter 2018. Contract and other sales totalled USD 7.0 million, while multi-client sales amounted to USD 6.4 million in the fourth quarter 2018.