Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/emgs-reports-multi-client-sales-from-barents-sea-a.shtml

EMGS reports multi-client sales from Barents Sea and Norwegian Sea

Electromagnetic Geoservices ASA (EMGS) has entered into two new data licensing agreements with two oil companies for the provision of 3D EM

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EMGS - Atlantic Guardian-2

Electromagnetic Geoservices ASA (EMGS) has entered into two new data licensing agreements with two oil companies for the provision of 3D EM data from EMGS' multi-client data library over the Barents Sea and the Norwegian Sea worth USD 1.6 million.

The multi-client revenues, which are a combination of pre-funding and late sales, will be booked in the third quarter 2015.

Tags: Electromagnetic Geoservices ASA (EMGS)