News
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Vessel update and activity for the second quarter
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.
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Pre-funding for multi-client survey in the Norwegian North Sea
Electromagnetic Geoservices ASA ("EMGS" or the "Company") has entered into an agreement for pre-funding of a non-exclusive, multi-client 3D CSEM acquisition in the Norwegian North Sea. The pre-funding amounts to approximately USD 1.5 million.
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Multi-client revenues related to the 24th license round awards
On 18 June 2018, the Norwegian Ministry of Petroleum and Energy (the "MPE") announced the awards of new production licenses in the 24th licensing round on the Norwegian continental shelf.
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EMGS: Multi-client revenues related to the 24th license round awards
On 18 June 2018, the Norwegian Ministry of Petroleum and Energy (the "MPE") announced the awards of new production licenses in the 24th licensing round on the Norwegian continental shelf.
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Minutes of Meeting from Annual General Meeting
The annual general meeting of Electromagnetic Geoservices ASA was held today, 8 June 2018 at 12:00 CEST.
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EMGS – New share capital registered
Reference is made to the stock exchange notifications published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") pertaining to the Comprehensive Refinancing, including the stock exchange notifications published on 16 April 2018 and 19 April 2018.