Axxis Geo Solutions sign Letter of Intent for an extension of previously announced contract in the North Sea

Lysaker, 20 May 2020

Following the announcement on 4 May 2020, Axxis Geo Solutions ASA (OSE: AGS), has now signed a Letter of Intent for an additional scope of work. The additional work will commence directly after conclusion of the previously announced contract and has a duration of approximately two weeks.

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

Contacts
Lee Parker, CEO
Lee.parker@axxisgeo.com
+1 832 275 7258

Svein Knudsen, CCO
Svein.Knudsen@axxisgeo.com
+47 906 94 170

Nls Haugestad, CFO
Nils.Haugestad@axxisgeo.com
+47 977 04 439


About AGS
Axxis Geo Solutions (AGS) is a pure-play ocean bottom node seismic company uniquely positioned to pursue both contract and multi-client seismic. AGS specializes on delivering tailored seismic solutions and flexible project management and execution to oil and gas companies world-wide. Its operations are based on a scalable asset-light setup through chartering of vessels and nodes to complete seismic surveys.
AGS is listed on Oslo Axess and traded under the ticker AGS.
More information on www.axxisgeo.com