Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announces the Company's first quarter 2019 vessel utilization as follows:
|Utilization||Q1 - 2019||Q1 - 2018||FY - 2018|
Polarcus Nadia is excluded from vessel utilization subsequent to cold-stacking in April 2015.
The Company will be releasing its first quarter 2019 report on 30 April 2019 at approximately 07:00hrs CEST (09:00hrs UAE). A webcast and conference call will be hosted by Polarcus commencing at 08:00hrs CEST (10:00hrs UAE).
Hans-Peter Burlid, CFO
+971 50 559 8175
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 approximately 325 professionals worldwide. The Company's principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com