Third quarter results 2009

Third quarter results 2009

ID: 8608

(Thomson Reuters ONE) - Highlights in the third quarter 2009:* Revenues at USD 15.3 million for the quarter* The second purpose-built 3D EM vessel launched* EMGS awarded 3D EM survey offshore Greenland* Frigg reservoir characterisation survey awarded by TOTAL Subsequent important event:* Gulf of Mexico agreement with Rocksource The full third quarter report and presentation can be downloaded by clicking on the links below. Contacts Roar Bekker, EMGS chief executive officer, +47 73 56 88 10 Svein Knudsen, EMGS chief financial officer, +47 22 01 14 00 About EMGS EMGS uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. The company is the EM market leader, and provides Clearplay, the world's first fully integrated EM system. Three service offerings - Clearplay Find, Test and Evaluate - have been designed to assist operators in the exploration and production phase. Clearplay supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The services enable integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency, and reduces risks and the finding costs per barrel. EMGS operates the world's first purpose-built 3D EM vessel fleet and has conducted more than 450 surveys to improve drilling success rates across the world's mature and frontier offshore basins. The company operates on a worldwide basis with main offices in Trondheim and Stavanger, Norway; Houston, USA; and Kuala Lumpur, Malaysia. Please visit www.emgs.com for more information. http://hugin.info/137402/R/1356005/329373.pdfhttp://hugin.info/137402/R/1356005/329374.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Q3 2009: Conference call details Dockwise secures USD 24 million in near-term contract awards
Bereitgestellt von Benutzer: hugin
Datum: 19.11.2009 - 08:00 Uhr
Sprache: Deutsch
News-ID 8608
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