Polarcus


All posts for Polarcus

Polarcus Third Quarter 2018 - Improved Revenue and Backlog

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) releases its third quarter 2018 financial statements. Headlines Q3 2018: Segment ¹ revenue of USD 55.2 million, up 14% from Q2 2018 (IFRS revenue of USD 87.0 million) Gross cost of sales of USD 39.8 million, down 3% from Q2 ...

OilVoice Press - OilVoice


Posted 9 months agoPress > PolarcusEarningsResults +1

Polarcus Vessel Utilization For Q3 2018

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   Utilization 86% 92% 77%  By category:        C ...

OilVoice Press - OilVoice


Posted 10 months agoPress > PolarcusvesselOSE

Polarcus Completes Divestiture of Capreolus Multi-Client Project

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 Austral ...

OilVoice Press - OilVoice


Posted 1 year agoPress > PolarcusDivestmentOSE +2

Polarcus Q2 2018 - Increased Revenue With Improving Market Indicators

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) releases its second quarter 2018 financial statements. HEADLINES Q2 2018: Adjusted ¹ revenues of USD 48.4 million, up 21% from Q1 2018 (IFRS revenues of USD 44.6 million) Gross cost of sales of USD 41.1 million, up 9% from ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Polarcusrevenue

TGS Announces Addition to Australian Data Library

ASKER, NORWAY (2 July 2018) -  TGS signed a sale and purchase agreement to acquire the Australian Capreolus 3D Survey from Polarcus' multi-client library. The transaction is subject to the execution of ancillary agreements typical for a transaction of this nature with target closing date on or be ...

OilVoice Press - OilVoice


Posted 1 year agoPress > TGSAustralia3D Survey +1

Polarcus Divests Capreolus Multi-Client Asset

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) announces that a subsidiary of the Company has signed an agreement for the sale of its 22,130 sq.km. Capreolus 3D survey offshore Australia in return for a cash consideration of USD 6.5 million. The transaction will result in a non-cash ga ...

OilVoice Press - OilVoice


Posted 1 year agoPress > PolarcusDivestmentOSE +2

Polarcus appoints Chief Operating Officer

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce the appointment of Mr. Lars Oestergaard as Chief Operating Officer for Polarcus effective immediately.  Mr. Oestergaard will lead the Polarcus Geophysical, Operations & Sales teams as well as the EHSQ department. Mr. ...

OilVoice Press - OilVoice


Posted 1 year agoPress > PolarcusAppointmentOSE +1

Polarcus Annual Report 2017

Letter from the Chairman Dear fellow shareholder, We have learned to remain ever cautious about the imme- diate future of our industry. However it is fair to say there are at last some signs of brighter days ahead. Undoubt- edly, the oil price remains a leading indicator of how our custo ...

OilVoice Press - OilVoice


Posted 1 year agoPress > PolarcusAnnual Report2017 +1

Polarcus Nominates New Chairman

Having served as Chairman of the Board of Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) since the Company's inception in 2008, Mr Peter Rigg will be retiring with effect from the AGM on 10 May 2018. Polarcus' Nomination Committee has been aware of Mr. Rigg's intentions for some time an ...

OilVoice Press - OilVoice


Posted 1 year agoPress > PolarcusChairmanOSE

Polarcus Secures XArray Contract in Gulf of Mexico

Polarcus Limited (the "Company") (OSE: PLCS) is pleased to announce that the Company has received a letter of award from TGS-NOPEC Geophysical Company ASA ("TGS") for acquiring 6,172 sq.km . of 3D seismic data in the Gulf of Mexico.  The survey will commence in Q1 2018 for a period of three mont ...

OilVoice Press - OilVoice


Posted 1 year agoPress > PolarcusGulf Of Mexico

Polarcus awarded two projects offshore South America

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) is pleased to announce that the Company has received two Letters of Intent from two undisclosed clients for two additional marine seismic projects offshore South America. The projects, one 3D using Polarcus' RightBAND(TM) technique for broad ...

Katie Woodward - OilVoice


Posted 2 years agoPress > PolarcusOffshoreSouth America

Polarcus: Q4 and full-year 2016 update

Polarcus Limited ("Polarcus" or the "Company") (OSE: PLCS) updates its guidance relative to multi-client prefunding estimated for the full year 2016.  Based on preliminary numbers, the Company expects to report a prefunding level of 120% for the full year 2016, down from previously guided 150%. The ...

Katie Woodward - OilVoice


Posted 2 years agoPress > PolarcusQ4162016 +2