ElectroMagnetic GeoServices ASA (DE:E2M) has released an update.
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ElectroMagnetic GeoServices ASA reported a vessel utilisation rate of 40% in the third quarter of 2024, a significant increase from 0% the previous year. The Company’s vessel, the Atlantic Guardian, was active in prefunded multi-client projects and is expected to generate approximately USD 0.5 million in late sale revenue. Comprehensive financial results will be released on November 7, 2024, with an accompanying recorded presentation online.
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