Electromagnetic Geoservices ASA ("EMGS") announced Tuesday that Dag W. Reynolds has been appointed Executive Vice President Sales/Marketing and Business Development.
Dag has 20 years experience in the oil and gas industry. He was Chief Executive Officer for the seismic company SeaBird Exploration Ltd. from 2005 to 2007. Prior to this, he worked for Petroleum Geo-Services ASA ("PGS") for nine years where he was central in building PGS from nil to market leader in the North Sea FPSO (Floating Production, Storage and Offloading) market. In 2007, he co-founded Spring Energy ASA, a Norwegian oil company, and has since worked as an independent consultant.
"The appointment of Dag in this position represents an important step towards strengthening our global sales efforts aimed at accelerating industry adoption of EMGS' unique EM technology" said Roar Bekker, EMGS Chief Executive Officer. "We are very pleased to add Dag's industry experience to our Executive Management Team"
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.
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