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2015-09-10

EMGS: EMGS commences work for PEMEX in Mexico

As announced on 4 June 2015, Electromagnetic Geoservices ASA (EMGS) will
return for 3D EM acquisition for PEMEX in Mexico.
The vesselBOA Galatea
is currently transiting to production site and is expected to re-start the
work for PEMEX in the beginning of next week. The duration of the survey is
expected to be approximately one month.
Also, as announced in July 2015, EMGS has received permits from Mexico's
Comisión Nacional de Hidrocarburos (CNH) authorizing the acquisition of up to
approximately 88,000 square km 3D EM multi-client data in the Salina de Itsmo
Basin. EMGS will prioritise to acquire EM data for the future bid rounds in
Mexico and is currently actively seeking funding of its projects.
Contacts

Charlotte Knudsen, EMGS head of investor relations, +47 97 56 19 59
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.
EMGS operates on a worldwide basis with main offices in Trondheim and Oslo,
Norway; Houston, USA; and Kuala Lumpur, Malaysia.
For more information, visitwww.emgs.com

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EMGS via Globenewswire

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