Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announces the Company's third quarter 2018 vessel utilization as follows:
|Utilization||Q3 - 2018||Q3 - 2017||FY - 2017|
Polarcus Nadia is excluded from vessel utilization subsequent to stacking on 01 April 2015
The Company will be releasing its third quarter 2018 report on 01 November 2018 at 07:00hrs CET (10:00hrs UAE). A webcast and conference call will be hosted by Polarcus commencing at 08:00hrs CET (11:00hrs UAE).
Hans-Peter Burlid, CFO
+971 50 559 8175
Polarcus (OSE: PLCS) 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