Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that a contract has been signed for a broadband 3D marine seismic project in Asia Pacific.
The one-month project is due to commence imminently and restores backlog in Q3 for the Polarcus fleet after part of a previously awarded project was reduced in scope.
Polarcus (OSE: PLCS) is an innovative marine geophysical company with a pioneering environmental agenda, delivering high-end towed streamer data acquisition and imaging services from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating leading-edge maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects with advanced onboard processing solutions and employs over 400 professionals worldwide. The Company's principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)