ElectroMagnetic GeoServices ASA ( (DE:E2M) ) just unveiled an announcement.
Electromagnetic Geoservices ASA (EMGS) has announced a proposed extension of the maturity date for its bond EMGS03, along with other amendments related to the Siem Day transaction. These changes have the backing of bondholders holding enough bonds to approve the resolution, indicating strong support for the company’s financial strategy.
More about ElectroMagnetic GeoServices ASA
EMGS is a leader in the marine electromagnetic (EM) market, providing technology that aids oil and gas companies in offshore hydrocarbon exploration. Their services span from survey design to data interpretation, integrating EM data with other geophysical information to enhance exploration efficiency and reduce costs.
Average Trading Volume: 84,964
Current Market Cap: NOK275M
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