EMGS Vessel Activity Increases

Electromagnetic Geoservices (EMGS) has recorded vessel utilization of 73% for the third quarter 2019 compared with 29% for the third quarter in 2018.

In the third quarter of 2019, the company’s vessels were allocated 73% to proprietary work and no time was spent on multi-client projects. In the comparable quarter of 2018, the vessels were allocated 29% to multi-client projects and no time was spent on proprietary work.

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