ElectroMagnetic GeoServices ASA (OSL:EMGS)
kr 1.85 -0.050 (-2.63%) Market Cap: 242.29 Mil Enterprise Value: 398.46 Mil PE Ratio: 3.26 PB Ratio: 5.66 GF Score: 55/100

Q4 2024 Electromagnetic Geoservices ASA Earnings Presentation (Pre-Recorded) Transcript

Feb 11, 2025 / NTS GMT
Release Date Price: kr2.28 (-0.87%)
Bjorn Lindhom
Electromagnetic Geoservices ASA - Chief Executive Officer

Welcome to the presentation of EMGS' fourth-quarter 2024 results. I'm here with our, CFO, Anders Eimstad, and together we will go through these results. Please take note of our disclaimer.

During the fourth quarter of 2024, we successfully completed our multi-client campaign on the Norwegian continental shelf. This campaign includes several CSEM surveys and one OBN survey, our very first. These surveys were in the Barents Sea, as well as in the North Sea and Norwegian Sea. All were completed without any incidents and with limited downtime.

2024 was actually our most active year in Norway since 2017. Most of the surveys in Norway last year were driven by gas

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