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Polar Petroleum to license Alaska North Slope data from Fugro

ANCHORAGE -- Polar Petroleum has signed an agreement with Fugro Gravity and Magnetic Services (part of the Fugro group) to license magnetic data and receive interpretation services for Polar' s Hemi Springs Project and Franklin Bluffs Project on Alaska' s North Slope.

Fugro’s database includes roughly 14 million line km of aeromagnetic data, and 2 million stations of land gravity data worldwide. Polar Petroleum will license only that data that is of specific relevance to the company' s two North Slope projects.

Polar Petroleum will use the magnetic data and interpretation provided by Fugro as tools for general planning and project analysis.

05/23/2013

 

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