EMGS Participates in Sole-Sourced Tender Process

Source: www.gulfoilandgas.com 3/28/2019, Location: Europe

Electromagnetic Geoservices ('EMGS') is currently participating in a sole-sourced tender process for a multi-year acquisition contract. Based on the information currently available to EMGS, the Company believes that the contract, if awarded, will have a value in excess of USD 30 million over a two-year period.

The Company believes that the tendering process will be completed or, as the case may be, terminated within the second quarter of 2019.


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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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