Ocean Bottom Seismic Acquisition

Successfully completed Private Placement

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Contemplated private placement

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES OF AMERICA (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) (THE
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Presentation of fourth quarter 2015 results

A presentation of the fourth quarter 2015 results will be held by Ivar Gimse (CEO) and Mikkel Ektvedt (CFO) today, Wednesday March 2 at 12:30 CET at Arctic Securities’ offices Haakon VII’s gt 5. The presentation is open to the public. A copy of the pres
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QUARTERLY HIGHLIGHTS 2015

HIGHLIGHTS Completed Barents Sea multi-client programmes Commenced OBS survey for oil-major Petronas offshore Malaysia in the end of December Fourth quarter earnings are impacted by the vessel transit from the Barents Sea to Malaysia Revenues in the fourth quarter
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RED SEA OCEAN BOTTOM SEISMIC AWARD

We are very pleased to be awarded this major Ocean Bottom Seismic contract in partnership with BGP.  This is a major step forward for our company and our technology and will provide a solid backlog for our vessel M/V Artemis Athene. CEO – Ivar Gimse You will
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Awarded contract for major project in Saudi Arabia

Magseis has, together with its partner BGP, been awarded Saudi Aramco’s S78 project for large-scale ocean bottom seismic acquisition in the Red Sea. The project has an expected duration of 9 months + 1 year and is expected to commence during July 2016. The survey f
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HONOUR AWARD TO ANDERS FARESTVEIT

The Rystad Energy Gullkronen honour award 2016 was awarded to Anders Farestveit on Wednesday 3rd February at the annual awards ceremony in Oslo. Anders Farestveit gave an engaging presentation on the development of the Seismic industry from the 60’s to today, follo
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