EMGS Receives Letter of Intent
Monday 25 March 2019
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent for a fully pre-funded multi-client survey in the Norwegian Barents Sea.
The total value of the letter of intent is approximately USD 2.5 million. The Company will mobilise the vessel Atlantic Guardian to carry out the survey, and expects to complete acquisition work within the second quarter of 2019.