Magseis Fairfield reported revenue of USD 75.2 million and an EBITDA of USD 3.1 million in the first quarter 2022.
Magseis Fairfield ASA will release its first quarter 2022 results on Tuesday, May 10th 2022 at approximately 07:00 Central European Time (CEST). An earnings conference call followed by Q&A will be hosted by CEO Carel Hooijkaas and CFO Stig Hognestad the same day, May 10th, at 10:00 CEST.
Reference is made to the announcement published on 19 November 2021, where Magseis Fairfield announced the award of a 4D Ocean Bottom Node (OBN) survey in the US Gulf of Mexico for a repeat customer, with options extensions. We are pleased to announce that the customer has exercised an extension, which has added an additional project to the program, thus extending the current campaign by a further few weeks.
Magseis Fairfield ASA (the "Company") announces that the annual general meeting was held on Thursday the 7th of April 2022 at 17:00 (CEST) as a digital event. The minutes from the annual general meeting are attached to this notice.
The election of employee representatives and deputy employee representatives to the board of directors of Magseis Fairfield ASA was held ahead of the upcoming Annual General Meeting.
Reference is made to the stock exchange announcement by Magseis Fairfield ASA (MSEIS) on 16 March 2022 regarding settlement of restricted stock units. The share capital has now been registered with the Norwegian Register of Business Enterprises (“Foretaksregisteret”).
Reference is made to announcements made by Magseis Fairfield ASA on 18 February, 25 February and 1 March 2022 regarding a request for an extraordinary general meeting (EGM) made by a shareholder group. The EGM is cancelled.
The annual general meeting of Magseis Fairfield ASA (the "Company") will be held on Wednesday 7 April 2021 at 13:00 (CEST). Due to restrictions caused by COVID-19, the shareholders are requested to exercise their shareholder rights without attending in person through advance voting or by providing a proxy to the chairperson or the CEO.
The Board of directors have adopted to increase the share capital of the Company by NOK 44,126.77 by issuance of 882,535 new shares, each with a nominal value of NOK 0.05, to settle 882,535 restricted stock units (RSUs) for Management and members of the Board of Directors.