EMGS Reports Approximately USD 3.7 Million in Sales

Source: www.gulfoilandgas.com 3/24/2017, Location: Europe

Electromagnetic Geoservices ASA (EMGS) has entered into agreements involving data licensing (prefunding and late sales) related to 3D EM data in the Barents Sea, Norway. The agreements represent revenues of approximately USD 3.7 million.

The use of 3D EM data allows our customers to reduce exploration uncertainty. EMGS is pleased to announce the execution of the above agreements, says Christiaan Vermeijden, CEO.


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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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