At the Pareto Securities Oil and Offshore Conference in Oslo today, Magseis is announcing that the company has started a multi-client program in the Barents Sea.
The survey builds on previous work conducted in the Barents Sea for Statoil and Lundin Petroleum and where our Marine Autonomous Seismic System (MASS) has delivered a significant uplift in imaging relative to regular streamer seismic.
The program has already secured significant pre-funding and is expected to take 2 – 3 months depending on weather.
A PDF of the company presentation, held at the conference can be read/downloaded here.
For further information, please contact:
Ivar Gimse, CEO
Tel: +47 91 83 92 69
Mikkel Ektvedt, CFO
Tel: +47 91 84 84 88