EMGS : Election of new Board member

Reference is made to item 13 of the calling notice for the Annual General Meeting in EMGS to be held on 13 June 2012. The Board of EMGS has resolved to propose for final approval by the Annual General Meeting that Iman Hill is appointed as a new Board member. She will succeed Grethe Høiland who has tendered her resignation.

 

Iman Hill is a UK citizen with an extensive international track record and experience from the oil & gas industry, including several years with Shell, BP and BG in senior management positions. As a petrophysicist and reservoir engineer of training, she has a valuable understanding of EM and the technical and business related issues connected to this.

 

Svein Knudsen, EMGS chief financial officer +47 22 01 14 00

 

About EMGS
EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The company's services enable integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency, and reduces risks and the finding costs per barrel.

EMGS has conducted more than 600 surveys to improve drilling success rates across the world's mature and frontier offshore basins. The company operates on a worldwide basis with main offices in Trondheim, Stavanger and Oslo, Norway; Houston, USA; and Kuala Lumpur, Malaysia. Please visit www.emgs.com for more information.

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.