Polarcus Gets LOI for 3D Seismic Survey Off South West Africa

Polarcus Limited has announced that the Company has received a Letter of Intent for a 3D marine seismic acquisition project for an undisclosed client offshore South West Africa.

The project, subject to the execution of a service contract, will start in Q4 2014 and is expected to run for approximately 50 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.