Q2 2022 Electromagnetic Geoservices ASA Earnings Presentation Transcript
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Welcome to the presentation of EMGS' second-quarter 2022 results. I'm here with our CFO, Anders Eimstad, and together we will present these results. Please take note of our disclaimer.
Now let's look at the highlights from the second quarter. The Atlantic Guardian started the quarter in warm stack. At the end of April, we mobilized the vessel and successfully completed two fully funded multi-client surveys in the North Sea. After that, the vessel was idle from beginning of June until the end of July.
We have agreed with the vessel owner to extend the vessel charter with one additional year. That means that we have the vessel on firm charter until October 2023, and then we have extension options
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