Polarcus Limited (OAX: PLCS) announced today that
after a successful mobilization the seismic vessel
POLARCUS NAILA has now entered into production on her
first project, offshore Cameroon, West Africa. The
contract is the previously announced 3D seismic
acquisition project that Polarcus entered into with
Noble Energy Cameroon Limited on 02 December 2009.
The survey is being acquired with a 10 streamer
seismic array, each streamer being 6,000 meters long
and with 100 meters separation between streamers.
Contacts
Rolf Ronningen, CEO Polarcus, +971 4 436 0800 / +971
50 459 6982
Tom Henrik Sundby, CFO Polarcus, +971 4 436 0800 /
+971 50 708 6480
About Polarcus
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 is launching a fleet of modern 3D
seismic vessels using the innovative ULSTEIN X-BOW®
design and incorporating advanced maritime
technologies for improved operational efficiency with
a reduced environmental footprint. Polarcus offers
contract seismic surveys and multi client projects
worldwide and has its principal office in Dubai,
United Arab Emirates. For more information, visit
www.polarcus.com