Scandinavian Oil-Gas Magazine

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EMGS Reports Multi-Client Sales in the Barents Sea

Electromagnetic Geoservices ASA (EMGS) has announced that the company has entered into a prefunding and late sales agreement related to 3D CSEM data surveys in the Barents Sea in Norway.

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Electromagnetic Geoservices ASA (EMGS) has announced that the company has entered into a prefunding and late sales agreement related to 3D CSEM data surveys in the Barents Sea in Norway.

The agreement represents revenues of approximately USD 2.5 million. The data will be acquired during the second half of 2017.

Tags: Electromagnetic Geoservices ASA (EMGS)