Polarcus secures fully prefunded multi-client project in Australia

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that the Company has secured high industry prefunding for the 'Zenaide' multi-client broadband 3D marine seismic project in the Bonaparte Basin, offshore Australia. 

The project is scheduled to commence in Q4 2017 and will run for approximately six weeks.

Contacts

Hans-Peter Burlid, CFO
+971 50 559 8175
[email protected]

John Scott, VP Sales & Marketing
+1 832 419 2012
[email protected]

About Polarcus

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