Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter 4-5 working days after the close of each quarter.   

At the end of the third quarter 2020 the Company had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian was cold stacked in Norway for the entire quarter.

Multi-client revenues in the third quarter
The Company expects to record approximately USD 0.1 million in multi-client revenues for the third quarter 2020.

EMGS will publish its third quarter 2020 financial results on Thursday 5 November 2020 at 07:30 local time (Norway). A recorded presentation will be broadcasted over the Internet, available from 10:00 local time (Norway). To access the presentation, please go to the Company’s homepage (www.emgs.com) and follow the link.

Anders Eimstad, Chief Financial Officer, +47 948 25 836