EMGS Secures Multi-Client Revenues in Norway

Source: www.gulfoilandgas.com 6/17/2022, Location: Europe

Electromagnetic Geoservices ASA ("EMGS" or the "Company") has secured approximately USD 1.4 million in revenue from late sales and USD 1.2 million in revenue from a change of control event, all related to its existing multi-client library in Norway. The revenue is expected to be recognised in the second quarter of 2022.


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