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EMGS reportd sales from multi-client library in the Barents Sea


Published Mar 16, 2015
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Electromagnetic Geoservices ASA (EMGS)-2
Electromagnetic Geoservices ASA (EMGS)

Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from EMGS' multi-client data library in the Barents Sea. The agreement is worth approximately USD 3 million.

The data will be delivered in March 2015 and EMGS will therefore book the full amount as late sales in the first quarter 2015.

Tags: Electromagnetic Geoservices ASA (EMGS)




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