EMGS – Board of directors approves audited financial statements and annual report for 2023
17 Aprile 2024 - 10:00PM
UK Regulatory
EMGS – Board of directors approves audited financial statements and
annual report for 2023
The board of directors of Electromagnetic Geoservices ASA
("EMGS" or the "Company") has today approved EMGS' 2023 annual
financial statements and annual report. There are no material
changes to the financial statements compared to the preliminary and
unaudited full year results presented by the Company on 14 February
2024.
EMGS' annual report for 2023 is enclosed to this stock exchange
notification.
The annual report will be published in European Single
Electronic Format (ESEF) on or about Friday 19 April 2024.
Contact
Anders Eimstad, Chief Financial
Officer, +47 948 25 836
This information is published in accordance with the Norwegian
Securities Trading Act § 5-12.
About EMGS
EMGS, the marine EM market leader,
uses its proprietary electromagnetic (EM) technology to support oil
and gas companies in their search for offshore hydrocarbons. EMGS
supports each stage in the workflow, from survey design and data
acquisition to processing and interpretation. The Company's
services enable the 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. CSEM technology can also be used to detect the
presence of marine mineral deposits (primarily Seabed Massive
Sulphides) and EMGS believes that the technology can also be used
to estimate the mineral content of such deposits. The Company is
undertaking early-stage initiatives to position itself in this
future market.
For more information, visit www.emgs.com
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