Polarcus secures extension of South American campaign

2/23/2018

DUBAI -- Reference is made to the stock exchange release issued on Dec. 16, 2015 in which Polarcus Limited announced an award for a 3D marine seismic project in South America (the "Project").

The company is pleased to announce an extension of the Project. The first phase was successfully completed in August 2016. The second phase is scheduled to commence in March 2017 and will be acquired over 3 months, extending the regional campaign into third-quarter 2017, with an option for further expansion of the survey area.

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