EMGS signs contract for 3D EM acquisition in Africa

EMGS signs contract for 3D EM acquisition in Africa

A Letter Of Intent (LOI) for the award of a contract worth minimum USD 8.3 million for 3D EM data acquisition offshore, northwest Africa, has now resulted in a signed contract with an undisclosed client.

The survey is already underway with the vessel BOA Thalassa, and is estimated to last one month, after which time the vessel will be moved to Norway.

Contacts

Roar Bekker, EMGS chief executive officer, +47 73 56 88 10

Charlotte Knudsen, EMGS head of investor relations, +47 97 56 19 59