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EMGS signs USD 4m worth of data licensing agreements

26th March 2015

Electromagnetic Geoservices ASA (EMGS) has entered into two new data licensing agreements with two oil companies for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea

EMGS did not name the two clients.

The agreements are worth USD 4m, net after adjustment for partner's share of revenues.

EMGS did not name the two clients.

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