Polarcus awarded 3D project in South East Asia

Polarcus Limited ("Polarcus" or the "Company") (PLCS.OL) has received an award for a 3D marine seismic acquisition project in South East Asia. The project duration is approximately 4 months and is scheduled to commence in Q4, 2018.

Following this award, the Polarcus fleet is 100% booked for Q4 2018.

Contacts

Hans-Peter Burlid, CFO
+971 50 559 8175
hp.burlid@polarcus.com

John Scott, VP Sales & Marketing
+971 56 993 9978
john.scott@polarcus.com

About Polarcus

Polarcus (PLCS.OL) 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 approximately 350 professionals worldwide. The Company`s principal office is in Dubai, United Arab Emirates. For more information, visit www.polarcus.com

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.



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Source: Polarcus Limited via GlobeNewswire

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