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Polarcus Secures Further Extension to South American Campaign

Source: www.gulfoilandgas.com 3/2/2017, Location: Middle East

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Reference is made to the stock exchange release issued on 08 February 2017 in which Polarcus Limited (PLCS) announced an award for an extension of the 3D marine seismic project in South America with an option for further expansion of the survey area.

The Company is pleased to announce that the client has chosen to exercise the expansion option, which will extend the project by an additional month. Following this announcement, the total duration of the campaign extension will be four months, to be acquired in Q2-Q3 2017.

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