EMGS: Prepares for multi-client survey west of Newfoundland, Canada
Electromagnetic Geoservices ASA and its wholly owned subsidiary Electromagnetic Geoservices Canada Inc. (together, “EMGS”) have initiated preparations for carrying out a pre-funded multi-client survey west of Newfoundland, Canada. The survey represents a minimum level of revenues to EMGS of approx. USD 2.5 million.
The survey is expected to be executed in the fourth quarter of 2017.