EMGS: Vessel update and activity for the first quarter 2020
![](http://www.globenewswire.com/Attachment/LogoDisplay/605113?filename=605113.jpg&size=1)
Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act