EMGS prepares for multi-client survey west of Newfoundland, Canada

By Curious

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.

EMGS prepares for multi-client survey west of Newfoundland, Canada
Caption: Research vessel Boa Thalassa - purpose-built 3D EM Vessel - Image courtesy of EMGS

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.

Source: EMGS