Brief: EMGS Sees Q1 Multi-Client Revenues At About $0.1 Mln

Voim ASA

07/04/2021 07:17

April 7 (Reuters) - Electromagnetic Geoservices ASA
 EMGS.OL :
    * REG-EMGS – VESSEL ACTIVITY AND MULTI-CLIENT SALES UPDATE
FOR THE
FIRST QUARTER 2021
    * UTILISATION FOR Q1, NOT INCLUDING OFF-HIRE PERIOD, WAS 6%
COMPARED WITH 26% FOR Q1 2020.
    * COMPANY EXPECTS TO RECORD APPROXIMATELY USD 0.1 MILLION IN
MULTI-CLIENT REVENUES FOR Q1 2021.
    * IN Q1 2020, COMPANY RECORDED 6.0 VESSEL MONTHS.
    * AT END OF Q1 2021 COMPANY HAD ONE VESSEL ON CHARTER,
ATLANTIC
GUARDIAN

Source text for Eikon:  ID:nGNE2MCFQ5 
Further company coverage:  EMGS.OL 

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