Wednesday 6 January 2021

Electromagnetic Geoservices ASA (the "Company" or "EMGS") releases information on vessel activity and multi-client sales during the quarter 4-5 working days after the close of each quarter.

At the end of the fourth quarter 2020 the Company had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian was cold stacked in Norway for the entire quarter.

Multi-client revenues in the fourth quarter

The Company expects to record approximately USD 2.2 million in multi-client revenues for the fourth quarter 2020.