EMGS: Result of Written Resolution of Bondholders
Globenewswire·2025-05-07 15:07

Core Viewpoint - EMGS has successfully amended the terms and extended the maturity date of its outstanding bond issue, EMGS03, as resolved by Nordic Trustee AS [1]. Company Overview - EMGS is a leader in the marine electromagnetic (EM) market, utilizing proprietary EM technology to assist oil and gas companies in offshore hydrocarbon exploration [4]. - The company supports various stages of the exploration workflow, including survey design, data acquisition, processing, and interpretation [4]. - EMGS's services facilitate the integration of EM data with seismic and other geophysical and geological information, enhancing exploration efficiency and reducing costs per barrel [4]. - Additionally, CSEM technology is employed to identify marine mineral deposits and is applicable in offshore construction and exploration activities [4].