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Redelivery of Ivan Gubkin

Written by Customer Service on . Posted in Public Companies.

Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) refers to its announcement dated 10 September 2020 regarding the redelivery of Ivan Gubkin (the “I.G.”, previously “Polarcus Amani”).Sovcomflot completed the redelivery process for the I.G. on 25 September 2020. The vessel has been renamed Polarcus Amani and will remain stacked in Lyngdal, Norway until market conditions support reactivation.Sovcomflot continues to evaluate seismic acquisition opportunities for the vessel in 2021. Polarcus is assessing opportunities for Polarcus Amani as a source vessel and/or streamer vessel in the international market. ContactsHans-Peter Burlid, CFO
+971 50 559 8175
hp.burlid@polarcus.com About PolarcusThis information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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