Core Viewpoint - Dawson Geophysical Company reported significant growth in its third-quarter financial results, driven by the deployment of new single node channels and increased demand for its services, leading to a substantial rise in fee revenues and improved operational efficiencies [4][5][6]. Financial Performance - For the third quarter ended September 30, 2025, the company reported fee revenues of $14.9 million, a 220% increase from $4.7 million in the same quarter of 2024 [4]. - Total revenue for the quarter included reimbursable revenue of $7.8 million, compared to $9.8 million in the prior year [4]. - The gross margin improved to 15% from a negative 37% year-over-year, attributed to increased fee revenue and operational efficiencies [4]. - The net loss for the quarter was $1.2 million, or $0.04 per share, compared to a net loss of $5.6 million, or $0.18 per share, in the same quarter of 2024 [5]. Year-to-Date Results - Year-to-date, the company incurred a net loss of $2.5 million, or $0.08 per share, compared to a net loss of $3.3 million, or $0.11 per share, in 2024 [6]. - EBITDA for the nine months ended September 30, 2025, was $1.4 million, up from $0.9 million in the same period of 2024 [6]. Operations Update - The company has over 180,000 channels of legacy and new equipment available for service, with ongoing efforts in passive seismic monitoring showing positive activity [2][3]. - In the U.S., a large channel crew is scheduled to complete its current job in mid-November and will immediately start another project using the new single node channels [6]. - Seasonal operations in Canada resumed in October, with expectations for a successful winter season [6]. Capital Budget and Liquidity - Year-to-date, the company generated $11.9 million in cash flows from operations, increasing its cash balance to $5.1 million as of September 30, 2025, compared to $1.4 million at the end of 2024 [7]. - In October 2025, the company entered into a revolving credit facility with a maximum commitment of $5 million, which is expected to support its cash flow requirements and debt obligations [7]. Industry Position - Dawson Geophysical Company is recognized as a leading provider of onshore seismic data acquisition services in North America, catering to major oil and gas companies as well as independent operators [8]. - The company is actively involved in Carbon Capture Utilization and Storage (CCUS) seismic monitoring, with plans to acquire more base surveys in the future [9].

Core Viewpoint - Electromagnetic Geoservices ASA (EMGS) is currently reviewing its operational model, which includes the decision not to extend the charter agreement for the Atlantic Guardian vessel, set to be redelivered on 20 October 2025 [1][2]. Group 1 - The company is undergoing a review of its operational model to determine the necessity of a permanently rigged vessel [1]. - As a result of this review, EMGS has decided not to extend the charter for the Atlantic Guardian, which will be returned to its owners at the end of the current charter period [1]. - The operational review aims to identify a sustainable and flexible operational model that can generate sufficient revenues for the company [2]. Group 2 - EMGS will provide additional details regarding the operational review as they become available [3].

Core Viewpoint - The annual general meeting of Electromagnetic Geoservices ASA (EMGS) is scheduled for June 19, 2025, in Oslo, Norway, where key company reports will be presented [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 [2]. - The company supports the entire workflow from survey design to data interpretation, integrating EM data with seismic and geological information to enhance exploration efficiency and reduce costs [2]. - EMGS's CSEM technology is also applicable for detecting marine mineral deposits, particularly Seabed Massive Sulphides, and the company is exploring early-stage initiatives in this emerging market [2].

Core Viewpoint - EMGS has shown significant financial improvement in Q1 2025, with a notable increase in revenues and adjusted EBITDA compared to previous periods [1][2]. Financial Performance - The Company recorded revenues of USD 10.0 million in Q1 2025, a substantial increase from USD 0.2 million in Q1 2024 and a slight increase from USD 9.7 million in Q4 2024 [1]. - Adjusted EBITDA for the Company was USD 2.0 million in Q1 2025, recovering from a negative USD 3.8 million in Q1 2024 [1]. Cash Flow and Investments - Free cash decreased by USD 3.1 million during the quarter, bringing the total to USD 6.0 million [2]. - The Atlantic Guardian completed the first of two proprietary acquisitions in India and began mobilization for the second acquisition during the quarter [2]. Strategic Developments - On May 6, 2025, EMGS announced the establishment of a new business platform within offshore subsea construction through the acquisition of the OSCV Siem Day [2]. Company Overview - EMGS is a leader in the marine electromagnetic market, utilizing proprietary technology to assist oil and gas companies in offshore hydrocarbon exploration [4]. - The Company integrates electromagnetic data with seismic and other geological information to enhance exploration efficiency and reduce costs [4]. - EMGS is also exploring early-stage initiatives to position itself in the marine mineral market, particularly in detecting seabed mineral deposits [4].

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].

Group 1 - The company Electromagnetic Geoservices ASA (EMGS) is proposing amendments to the bond terms related to the Siem Day transaction, including an extension of the maturity date for EMGS03 bonds [1] - Bondholders holding a sufficient number of bonds support the proposed written resolution for the amendments [2] Group 2 - EMGS is a leader in the marine electromagnetic (EM) market, utilizing proprietary technology to assist oil and gas companies in offshore hydrocarbon exploration [4] - The company's services encompass all stages of the workflow, from survey design and data acquisition to processing and interpretation, enhancing exploration efficiency and reducing costs [4] - CSEM technology is also applicable for detecting marine mineral deposits and in various offshore construction and exploration activities [4]

Core Insights - EMGS published its audited financial statements and annual report for 2024 on April 24, 2025, with the European Single Electronic Format (ESEF) report expected to be available around April 29, 2025 [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 [3]. - The company supports all stages of the exploration workflow, including survey design, data acquisition, processing, and interpretation, which enhances exploration efficiency and reduces finding costs per barrel [3]. - EMGS's CSEM technology is also capable of detecting marine mineral deposits, particularly Seabed Massive Sulphides, and the company is exploring early-stage initiatives to enter this emerging market [3].

Group 1 - The company, Electromagnetic Geoservices ASA (EMGS), has signed a final contract for a CSEM survey in India, with a contract value of approximately USD 10 million, consistent with previous expectations [1] - The contract follows a Letter of Award received by the company on 15 January 2025, indicating a successful progression from initial award to final contract signing [1] Group 2 - EMGS is a leader in the marine electromagnetic (EM) market, utilizing proprietary technology to assist oil and gas companies in offshore hydrocarbon exploration [3] - The company's services encompass the entire workflow from survey design and data acquisition to processing and interpretation, enhancing exploration efficiency and reducing costs [3] - EMGS is also exploring the application of CSEM technology for detecting marine mineral deposits and estimating their mineral content, positioning itself for future market opportunities [3]