News
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EMGS reports second quarter 2017 results
Company has reduced its quarterly cost base, consisting of all operational costs including multi-client investments, from USD 15.8 million in the second quarter last year to USD 9.2 million this quarter. The Company recorded EBITDA of USD 4.5 million, up from USD 2.8 million in the second quarter 2016. Free cash decreased with USD 0.9 million from the previous quarter.
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EMGS will present its result for the second quarter 2017 on Thursday 27 July
Link to Webcast
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EMGS reports multi-client sales in the Barents Sea
Electromagnetic Geoservices ASA (EMGS) announces that the Company has entered into a prefunding and late sales agreement related to 3D CSEM data surveys in the Barents Sea in Norway. The agreement represents revenues of approximately USD 2.5 million. The data will be acquired during second half of 2017.
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Updated subscription form
The subscription form in the prospectus should not be used.
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Link to VPS online subscription system
The link to the VPS online subscription system is found here.
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Approved prospectus
A link to the prospectus covering the issue and listing of 58,634,735 new shares in EMGS can be found here. Note: The subscription form in the prospectus should not be used. The subscription form in the prospectus contains wrong phone number to the Receiving agent as well as incorrect deadline for the subscription period. The updated subscription form to be […]