EMGS Wins 3D EM Contract with BG Group

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has been awarded a contract from BG Group (BRGXF) worth approximately USD 27 million for 3D EM data acquisition in Uruguay.
 
"We are delighted to start working for BG in Uruguay on this survey. This contract provides us with a substantially improved backlog and we look forward to further developing our relationship with this customer," says Roar Bekker, CEO of EMGS.
 
It is expected that the data acquisition will start around 15 December 2014 by the vessel EM Leader. The survey has expected duration of 3.5 months.