EMGS reports prefunding for multi-client acquisition in Barents Sea

August 26, 2016

TRONDHEIM, Norway -- Electromagnetic Geoservices (EMGS) has entered into a data licensing agreement with a repeat customer for 3D EM data to be acquired over the Hoop area in the Barents Sea. The pre-funding amounts to $1 million.

This new acquisition is expected to take place in the third quarter and will become part of the EMGS multi-client library.

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