News
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EMGS will present its results for the third quarter of 2016 on Thursday 3 November
Link to Webcast
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EMGS – Provisional agreement
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that a customer and the Company have reached a provisional agreement worth approximately USD 8 million.
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EMGS – Invitation to presentation of third quarter 2016 results
Electromagnetic Geoservices ASA (EMGS) will release its third quarter 2016 results on Thursday 3 November 2016. CEO Christiaan Vermeijden and CFO Hege Veiseth will present the results from 10:00 CET at the Company's premises in Dronning Mauds gate 15 in Oslo.
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EMGS reports a sale from its multi-client library in the Barents Sea, Norway
Electromagnetic Geoservices ASA (EMGS) announces that the Company has entered into a data licensing agreement for the provision of 3D CSEM data from the multi-client data library in the Barents Sea providing net revenue of USD 1 million to EMGS. The revenue will be recognised in the fourth quarter of 2016.
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EMGS to reduce the global employee expenses
Electromagnetic Geoservices ASA (EMGS) announces a reduction in the Company's cost base in line with a reduced level of activity.
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EMGS reports prefunding for multi-client acquisition in Norway
Electromagnetic Geoservices ASA (EMGS) announces that the Company has entered into a data licensing agreement with a repeat customer for 3D EM data to be acquired over the Hoop area in the Barents Sea. The pre-funding amounts to USD 1 million.