Brief: Electromagnetic Geoservices Secures Prefunding For Survey

Voim ASA

25/07/2022 06:52

July 25 (Reuters) - Electromagnetic Geoservices ASA
 EMGS.OL :
    * SECURES PREFUNDING FOR A MULTI-CLIENT SURVEY OFFSHORE EAST
CANADA
    * SECURED USD 2 MLN IN PREFUNDING FOR A MULTI-CLIENT SURVEY
OFFSHORE NEWFOUNDLAND AND LABRADOR
    * REVENUE IS EXPECTED TO BE RECOGNISED IN Q4 2022
    * ACQUISITION IS EXPECTED TO TAKE PLACE IN LATE Q3 2022

Source text for Eikon:  ID:nGNELCyyy 
Further company coverage:  EMGS.OL 

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