EMGS reports multi-client sales worth $3.5 million
EMGS reports multi-client sales worth $3.5 million
TRONDHEIM, Norway -- Electromagnetic Geoservices ASA has signed a data licensing agreement with a customer worth $3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.
"It satisfying to note that our multi-client library continue to provide value for new and existing clients in the Barents Sea. An increased acceptance of EM as a value adding exploration tool in the region, and our vast coverage coupled with customer's success, bode well for the future," says CEO Roar Bekker.
EMGS' multi-client data library in the Barents Sea now covers 42,000 sq km, in addition to approximately 10,000 sq km in the Norwegian Sea and 1,400 sq km in the North Sea.
