EMGS looks toward acquisition contract extension offshore Asia

Electromagnetic Geoservices ASA (OSLO:EMGS) has a letter of intent to extend an on-going contract in Asia by at least $15 million.

Offshore staff

TRONDHEIM, Norway – Electromagnetic Geoservices ASA (OSLO:EMGS) has a letter of intent to extend an on-going contract in Asia by at least $15 million. This would bring the total contract value to $50 million.

EMGS expects theBOA Thalassavessel will complete the work, including extension, by October 2013.

6/11/2013

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