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EMGS

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company's services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel.

EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston, Villahermosa, Rio de Janeiro and Kuala Lumpur.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

http://www.emgs.com

Dr. Svein Ellingsrud - Founder & Vice President
Dr. Svein Ellingsrud's Awards

2009 - "Honorary Award 2009" from the Geological Society of Norway for notable achievements in the development and applications of CSEM in petroleum exploration

2008 - "Geofysikkprisen 2008" from NPF (Norwegian Petroleum Society) The Norwegian Geophysical Prize.

2007 - Society of Exploration Geophysicsts: Virgil Kaufman Gold Medal for
Full Biography and Videos

EMGS Latest News

EMGS reports third quarter 2018 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 6.0 million in the third quarter 2018, down from USD 10.7 million in the third quarter 2017 and down from USD 7.9 million in the second quarter 2018.
19 Nov 2018

EMGS: CEO Resignation
The Board of Directors of EMGS ASA ("EMGS" or the "Company") announces that Christiaan Vermeijden has decided to resign from his position as CEO due to personal reasons.
02 Oct 2018

EMGS: Multi-client revenues related to the 24th license round awards
On 18 June 2018, the Norwegian Ministry of Petroleum and Energy (the "MPE") announced the awards of new production licenses in the 24th licensing round on the Norwegian continental shelf.
29 Jun 2018

EMGS - Vessel update and activity for the fourth quarter 2017
Electromagnetic Geoservices ASA (the "Company" or "EMGS") releases information on vessel activity and utilisation 4-5 working days after the close of each quarter.
09 Jan 2018

EMGS reports third quarter 2017 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 10.0 million in the third quarter 2017, up from USD 4.5 million in the third quarter 2016 and down from USD 10.6 million in the second quarter 2017.
21 Nov 2017

EMGS reports second quarter 2017 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 10.6 million in the second quarter 2017, down from USD 15.1 million in the second quarter 2016 and up from USD 3.9 million in the first quarter 2017.
28 Jul 2017

EMGS invests further in deep water positioning technology from Sonardyne
Norwegian survey company, Electromagnetic Geoservices ASA (EMGS) has increased its investment in technology developed by Sonardyne International Ltd, UK, which allows hydrocarbon sensing equipment to be positioned in deep water with extremely high accuracy.
07 Jul 2017

EMGS reports fourth quarter 2016 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 12.0 million in the fourth quarter 2016, down from USD 20.5 million in the fourth quarter 2015 and up from USD 4.5 million in the third quarter 2016.
21 Feb 2017

EMGS reports second quarter 2016 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 15.1 million in the second quarter 2016, up from USD 12.1 million in the second quarter 2015 and from USD 13.0 million in the first quarter 2016.
23 Aug 2016

23rd licensing round awards generate multi-client revenues for EMGS
On 18 May 2016, The Ministry of Petroleum and Energy announced the offer of ten new production licenses in the 23rd licensing round on the Norwegian continental shelf to a total of thirteen (13) companies.
10 Jun 2016

EMGS reports fourth quarter 2015 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 20.5 million in the fourth quarter 2015, up from USD 16.3 million in the third quarter and down from USD 52.5 million in the fourth quarter 2014.
19 Feb 2016

EMGS reports sales from its Norwegian multi-client library
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from the multi-client data library over the Norwegian Sea and the Barents Sea worth a total of USD 4.0 million.
08 Jan 2016

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