EMGS – Minutes from Extraordinary General Meeting

The Extraordinary General Meeting of Electromagnetic Geoservices ASA ("EMGS") was held today, Thursday 23 March 2018. All the proposals from the Board of Directors were adopted.

EMGS – Board of directors approves audited financial statements for

The board of directors of Electromagnetic Geoservices ASA ("EMGS" or the "Company") has on 9 March 2018 approved the 2017 annual financial statements and full annual report.

Proposed Comprehensive Refinancing and Calling of Extraordinary General Meeting

As further described in Electromagnetic Geoservices ASA's ("EMGS" or the "Company") Q4 2017 report, published on 8 February 2018, the Company's financial situation is such that additional financing is required.

EMGS reports fourth quarter 2017 results

Electromagnetic Geoservices ASA (“EMGS” or the “Company”) recorded revenues of USD 11.3 million in the fourth quarter 2017, down from USD 12.0 million in the fourth quarter 2016 and up from USD 10.0 million in the third quarter 2017.

EMGS will present its results for the fourth quarter of 2017 on Thursday 8 February

Link to webcast

Multi-client revenues related to the APA 2017 awards

On 16 January 2018, the Norwegian Ministry of Petroleum and Energy (the "MPE") announced the awards of new production licenses through the Awards in Pre-defined Areas (APA 2017) licensing round.