AGS announces multi-client sale
Friday 4 September 2020
Axxis Geo Solutions ASA (OSE: AGS) has today entered into a data licensing agreement with an international oil company. The late sale is related to the company's OBN Seismic Data Library over Utsira in Norway.
The Utsira OBN Seismic Data Library is now in its final stage of data processing and the complete survey will be ready for licensing during September 2020. The Utsira OBN survey is the world's largest multi-client project of its kind, and we are proud to successfully pass this milestone together with our partners TGS and DUG.
"We are encouraged to see new clients licensing the Utsira OBN multi-client library, and with data processing being finalized, we expect significant customer interest," says CEO Ronny Bøhn.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.