Polarcus: Awarded 3D XArray project offshore West Africa

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) is pleased to announce that the Company has received an award for a 3D project offshore West Africa, to commence early in Q4 2017 with a scheduled duration of one month. The Polarcus XArray methodology will be utilized to optimize both data quality and acquisition efficiency.

Commenting on the news, Richard Price, Senior Vice President, Western Hemisphere, said: “We are pleased to have secured this project for our Q4 backlog, especially as the timing aligns very well with completion of the North Sea season. With only a short transit, this enables us to optimize vessel utilization and strategically position a vessel in West Africa for follow on work.”

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