Roar Bekker, CEO and primary insider of Electromagnetic Geoservices ASA (EMGS), has on 11 December 2014 bought 40,000 shares in EMGS at a price of NOK 3.65 per share.
After this transaction, Mr. Bekker holds 300,000 shares and 1,210,000,000 options in EMGS.
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 the 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 operates on a worldwide basis with main offices in Trondheim and Oslo, Norway; Houston, USA; and Kuala Lumpur, Malaysia.
For more information, visit www.emgs.com