Brief: EMGS Update On Framework Contract For Multi-Client Data

Voim ASA

12/08/2021 16:01

Aug 12 (Reuters) - Electromagnetic Geoservices ASA
 EMGS.OL :
    * REG-EMGS: UPDATE ON FRAMEWORK CONTRACT FOR MULTI-CLIENT
DATA
    * CUSTOMER HAS NOW CONFIRMED THAT THEY WILL LICENSE DATA
UNDER
FRAMEWORK CONTACT WORTH APPROXIMATELY USD 2.5 MILLION
    * CONTRACT WILL BE RECOGNIZED AS REVENUE IN 3RD QUARTER

Source text for Eikon:  ID:nGNE6z9DSz 
Further company coverage:  EMGS.OL 

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