Magseis AS is a Norwegian geophysical company founded in 2009.

LOI for new contract in North Sea

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Magseis has been awarded an LOI by a major international oil company for seabed seismic acquisition in the UK sector of the North Sea using the company’s proprietary MASS system and the Artemis Athene.

The work is expected to start towards the end of the first quarter of 2015 and has an expected duration of more than 100 days.

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