Thursday 16 November 2017

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has received Letters of Intent for two contracts under which EMGS will perform prefunded multi-client acquisitions offshore Indonesia. The two contracts represent a combined minimum gross contract value of USD 2.8 million.

Subject to inter alia final and binding contracts for the work, EMGS expects to start the surveys in December 2017.