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Last 0.64 NOK
Change Today -0.01 / -1.54%
Volume 834.2K
EMGS On Other Exchanges
EMGS is not on other exchanges.
As of 10:25 AM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

electromagnetic geoservices (EMGS) Snapshot

0.66 NOK
Previous Close
0.65 NOK
Day High
0.71 NOK
Day Low
0.64 NOK
52 Week High
12/19/14 - 4.80 NOK
52 Week Low
09/30/15 - 0.59 NOK
Market Cap
Average Volume 10 Days
-0.03 NOK
Shares Outstanding
Dividend Yield

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electromagnetic geoservices (EMGS) Details

Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry worldwide. It is involved in acquisition, processing, modelling, interpretation, and integration of EM data, as well as provision of training services. The company uses its patented EM survey method to help oil and gas companies in their search for hydrocarbons in offshore reservoirs. Electromagnetic Geoservices ASA was founded in 2002 and is headquartered in Trondheim, Norway.

311 Employees
Last Reported Date: 03/19/15
Founded in 2002

electromagnetic geoservices (EMGS) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: 2.3M NOK
Chief Operating Officer and Chief Technical O...
Total Annual Compensation: 2.2M NOK
Executive Vice President of Strategic Develop...
Total Annual Compensation: 2.1M NOK
Compensation as of Fiscal Year 2014.

electromagnetic geoservices (EMGS) Key Developments

Electromagnetic Geoservices ASA Extends Charter Agreement for Vessel Boa Thalassa with BOA SBL AS

Electromagnetic Geoservices ASA signed an extended charter agreement for the vessel BOA Thalassa with BOA SBL AS (owner of the vessel) at new and improved commercial terms. The new terms are valid as of 1 October 2015. Following the agreement, EMGS will re-deliver the BOA Galatea on 15 December, which originally was the expiry date for BOA Thalassa. The charter agreement for BOA Thalassa will be extended from 17 July, which originally was the expiry date for BOA Galatea, until 1 April 2017.

Electromagnetic Geoservices ASA Signs Multi-Client Acquisition Agreement with Directorate General of Hydrocarbons in India

Electromagnetic Geoservices ASA (EMGS) has signed a multi-client acquisition agreement with the Directorate General of Hydrocarbons (DGH) in India. The agreement grants EMGS a two year permit to acquire 3D EM multi-client data within a 325,000 square km area off West coast India, crossing eight different tectonic provinces from Kutch-Saurashtra in North to Ratnagiri in South. The agreement also gives the DGH access to EMGS' 3D EM multi-client data acquired going forward within the permitted area.

Electromagnetic Geoservices ASA Reports Multi-Client Sales from Barents Sea Library

Electromagnetic Geoservices ASA (EMGS) has entered into data licensing agreements with 2 new customers for the provision of 3D EM data from the multi-client data library over the Barents Sea worth a total of USD 4.1 million, whereas EMGS will receive USD 2.6 million net after adjustment for partner's share of revenues.


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Price/Cash Flow 1.0x
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