Press

Polarcus Completes Divestiture of Capreolus Multi-Client Project

Posted by OilVoice Press - OilVoice

08-Aug-2018


Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) refers to the stock exchange release dated 29 June 2018 announcing the execution of a sale and purchase agreement with a subsidiary of TGS-NOPEC Geophysical Company ASA for the sale of its 22,130 sq. km. Capreolus 3D survey offshore Australia subject to certain closing conditions.

The referenced closing conditions were satisfied on 7 August 2018 and the sale has been completed.



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PolarcusDivestmentOSEOffshore3D Survey

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