EMGS secures additional funding for EM survey in US GoM

EMGS has received additional pre-funding for the ongoing Daybreak 3D multi-client electromagnetic survey in the Alaminos Canyon protraction of the US Gulf of Mexico.

Offshore staff

TRONDHEIM, NorwayEMGS has received additional pre-funding for the ongoing Daybreak 3D multi-client electromagnetic (EM) survey in the Alaminos Canyon protraction of the US Gulf of Mexico.

The survey began Feb. 22 and is expected to be completed mid-June, with integrated data delivery starting in June. The survey has strong industry funding.

"We are very pleased with the initial industry interest for this project,” said Roar Bekker, CEO of EMGS. “The strong level of pre-funding confirms both the project potential and the importance of the US Gulf of Mexico as a new multi-client area for us. We have extensive experience from working withPEMEX just south of this area, so we are excited to use this opportunity to further extend our experience along the Perdido trend."

The Daybreak project is the first phase of a planned multi-year program in the US Gulf of Mexico for EMGS. This phase is expected to cover 80 blocks.

05/03/2014

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