Polarcus Inks LoI for West Africa 3D Seismic Survey

Polarcus Limited announces that the Company has signed a Letter of Intent (“LOI”) with an undisclosed client for a 3D marine seismic acquisition project offshore West Africa.

The project, subject to the execution of a service contract, will commence in Q4 2014 and is expected to run for approximately 3.5 months.

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 500 professionals.

Press Release, September 19, 2014