Reference is made to the stock exchange notice dated 13 November 2012 regarding completion of a one-year contract in Brazil and commencement of a new 3D EM data acquisition project in Brazil.
EMGS has signed a contract extension worth approximately USD 12 million with Petrobras.
As previously announced, data acquisition is on-going with estimated completion in early January 2013.
[mappress] Press Release, December 06, 2012