Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of USD 2.5 million related to the licensing round for mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA).
EMGS’s multi-client data library in Norway now covers 44,000 km2 in the Barents Sea, in addition to approximately 10,000 km2 in the Norwegian Sea and 1,400 km2 in the North Sea.
Contacts
Svein Knudsen, Chief Financial officer +47 911 41 149
Charlotte Knudsen, Head of investor relations, +47 97561959