EMGS second quarter 2019 presentation – link to webcast

Link to webcast

Vessel update and activity for the second quarter 2019

Electromagnetic Geoservices ASA (the "Company" or "EMGS") releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.

Proprietary acquisition for BP

Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that it has been awarded a contract from BP for a proprietary CSEM survey, offshore Senegal and Mauritania.

Annual General Meeting held

The annual general meeting (the “AGM”) of Electromagnetic Geoservices ASA (“EMGS” or the “Company”) was held today, 13 June 2019 at 12:00 CEST.

Updated financial statements and annual report for 2018

Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA (“EMGS” of the “Company”) on 26 April 2019, wherein it was announced that the board of directors had approved the EMGS' 2018 annual financial statements and annual report.

EMGS signs multi-year acquisition contract with PEMEX

Reference is made to the stock exchange notifications published by Electromagnetic Geoservices ASA ("EMGS" or the "Company") on, respectively, 28 March 2019 and 23 April 2019, wherein the Company informed that it had received a letter of award for a multi-year acquisition contract.