EMGS secures late sales multi-client revenue

Source: www.gulfoilandgas.com 5/16/2024, Location: Europe

Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that the Company has entered into several late sales licencing agreements related to its existing Norwegian EM multi-client library, with a total combined revenue to the Company of approx. USD 1.3 million. The revenue is expected to be recognised in the second quarter of 2024.


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