EMGS – agreement with Statoil for the Norwegian Sea

EMGS – agreement with Statoil for the Norwegian Sea

Electromagnetic Geoservices ASA (EMGS) has received a supplement agreement from Statoil Petroleum AS worth approximately USD 1.0 million for multi-client 3D EM data acquisition in the Norwegian Sea.

The Company expects to commence the survey shortly, after completing the survey for Statoil announced on 2 June 2014 in the same area, using the vessel Atlantic Guardian.
 
Contacts
Svein Knudsen, EMGS chief financial officer, +47 73 56 88 10
Charlotte Knudsen, EMGS head of investor relations, +47 97 56 19 59