Offshore Hydrocarbon Mapping Share Discussion Threads

[crosswire] 19/4/2010 21:19

Selftrade DATA;

Analysts' ConsensusConsensus View: (1.00 - Buy)
Number of Analysts: 1
Forecast Price: 29.00 GBX
Price Movement: +114.81% Updated 19/04/2010



PRICE Changes
Period of Change Value Change
1 week 9.875 +3.62 +36.71%
1 mth 5.00 +8.50 +170.00%
3 mths 8.25 +5.25 +63.64%
6 mths 10.75 +2.75 +25.58%
1 yr 9.00 +4.50 +50.00%
3 yrs 231.00 -217.50 -94.16%
5 yrs 237.50 -224.00 -94.32%

[crosswire] 19/4/2010 21:13

Thursday April 22

INTERIMS
Offshore Hydrocarbon Mapping, Punch Taverns, Smiths News, WH Smith

[mr macgregor] 19/4/2010 19:03

More support for CSEM.

EMGS secures pre-funding from Statoil for Barents Sea campaign

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has secured pre-funding from Statoil to start an extensive multi-client 3D EM survey in the Barents Sea, ahead of Norway's 21st exploration licensing round.

The program presently stands at more than 4000 km2, and could be expanded subject to additional industry commitments. EMGS's multi-client data library in the Barents Sea will upon completion of the upcoming campaign cover more than 14,000 km2 of 3D EM data.

Carl Hutchins, EMGS president multi-client group, stated: "This year's survey builds on our successful 2008 campaign and will provide our clients with a significant competitive advantage when it comes to evaluating the most prospective areas. Our final deliverable product is 3D full azimuth anisotropic inversion, another EMGS multi-client first. This important tool allows geologists to position EM data at the proper depth for integration with their seismic-derived prospects."

Data acquisition will start shortly using the purpose-built vessel BOA Thalassa. Early delivery of 3D EM data will ensure that customers have ample time to apply knowledge gained from the EM surveys as a part of their bid preparation for the 21st licensing round in Norway.

Contact
Roar Bekker, EMGS chief executive officer, [phone]
Svein Knudsen, EMGS chief financial officer, [phone]
Carl Hutchins, EMGS president multi-client group [phone]

About EMGS
EMGS uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. The company is the EM market leader, and provides Clearplay, the world's first fully integrated EM system.

Three service offerings - Clearplay Find, Test and Evaluate - have been designed to assist operators in the exploration and production phase. Clearplay supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The 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 operates the world's first purpose-built 3D EM vessel fleet and has conducted more than 450 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 and Stavanger, Norway; Houston, USA; and Kuala Lumpur, Malaysia. Please visit www.emgs.com for more information.

[chrisis33] 19/4/2010 18:36

Ps - still holding my lot here, a continued slow and steady uptrend would suit me just fine.

[chrisis33] 19/4/2010 18:34

Interesting late trades on plus - paying 15p to buy.

[comedy] 19/4/2010 18:30

gwr7 think you could be wrong here...they have been looking for stock since placing...the last one they did at over 20p went up on the day...and after that continuously fell(most of us watched day in day out from october)... this one has been differnt and personally believe someone has put in a buy order and the mm's are soaking up all the stock before moving up...2 weeks from now will know whether i'm right as they wont be able to hide what they have been doing.

[crosswire] 19/4/2010 18:26

'The Placing price represented a premium of approximately 220 per cent. to the closing mid-market price the day before the announcement of 8 April 2010'

Q. Why on earth would anyone pay such a premium of 220%, unless they have been guaranteed a 200% return from their placing?? ie 48p??

Let's see what the interims on Thursday 22nd April say!

These were just under 300p in 2007..

[gwr7] 19/4/2010 16:59

Looking like another con in which case MMs did me a favour. Pattern exactly the same as the last placing. Two rises, dip to follow.

[5dally] 19/4/2010 15:53

TP 33p I see :-)

[bones30] 19/4/2010 15:51

It would be nice to get some news regarding the strategic partnership with
the Bureau of Geophysical Prospecting in China (BGP).

[gwr7] 19/4/2010 15:45

Glad my trade was killed rather than filled as now below my bid.

[troutisout] 19/4/2010 15:45

robson,
I think he doesn't want to paste them here due to copyright reasons which is fair enough, are there any links to the notes that could be posted?

[bones30] 19/4/2010 15:42

It would certainly be a shame for some people who bought these for a much much higher price. I've seen this situation before with LON:DLD

[robson1974] 19/4/2010 15:39

i have emailed several to nicksig and he does not want to put them up

suggest someone offers to show him how to use mediafire

[wonder boy] 19/4/2010 15:37

Are there any broker notes available for this co?

[robson1974] 19/4/2010 15:36

would be a huge shame if they got taken out now before the market has had a chance to recover and for management to have demonstrated recovery

[bones30] 19/4/2010 15:33

Hard to sit tight, but I agree, worth waiting for higher price.

[mr macgregor] 19/4/2010 15:32

MMs have done well to keep a lid on this. I sense a bid in the offing and don't suppose it will be the first and last. Sitting tight.

[crosswire] 19/4/2010 14:56

Online limits:

Buy 5k vs Sell 100k at over bid price!!!

[5dally] 19/4/2010 11:49

Key Dates
Offshore Hydrocarbon Mapping PLCForecast Key Dates Key Date Date Status

Next interim announcement 22- Apr- 2010 C



Next year end (to be reported) 31- Aug- 2010 -
Next annual report due 16- Nov- 2010 E
Next prelim announcement 16- Nov- 2010 E
Next AGM 15- Jan- 2011 E

[dr agon] 19/4/2010 11:10

16p+ here we come!!!

[bones30] 19/4/2010 10:47

13.02p to sell. Not selling though!

[dr agon] 19/4/2010 08:27

still paying well above the offer and mid price???,i was just offered 12.75 with a selftrade online dummy trade.