Polarcus Limited recently announced that the Company has received a Letter of Intent for a 3D marine seismic acquisition project for an undisclosed client.
The project, subject to the execution of a service contract, will commence in Q3 2011 and is expected to run for approximately 35 days.
Polarcus is a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole. Polarcus operates a fleet of high performance 3D seismic vessels incorporating an innovative design and advanced maritime technologies for improved safety and efficiency. Polarcus offers contract seismic surveys and multi-client projects worldwide and employs over 400 professionals.
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Source: Polarcus, June 1, 2011.