New Wave Media

October 5, 2015

Polarcus Q3 Vessel Utilization Rises

Polarcus Limited announced the release of the Company's Third Quarter 2015 vessel utilization.

Following are the results:

 

Q3 - 2015

Q3 - 2014

Q2-2015

Utilization

93%

77%

80%

By category:

Contract Seismic

66%

55%

61%

Multi-Client

27%

22%

19%

Transit

7%

16%

16%

Yard

0%

0%

2%

Standby

0%

7%

2%

Polarcus Nadia is excluded from vessel utilization subsequent to cold-stacking on 01 April 2015

The Company will be releasing its Third Quarter 2015 Report on 29 October 2015 at approximately 07:00hrs CET (10:00hrs UAE).

A webcast and conference call will be hosted by Polarcus commencing at 08:00hrs CET (11:00hrs UAE). Conference call dial-in information will be published on 15 October 2015.

 

Polarcus Limited
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