Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Polarcus Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Polarcus Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 7
Polarcus Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Polarcus Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 9
Polarcus Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Polarcus Ltd, Oil & Gas, Deal Details 11
Asset Purchase 11
Polarcus Acquires Marine Seismic In-Sea Acquisition System From Dolphin Geophysical For US$11.5 Million 11
Equity Offering 12
Polarcus Completes Public Offering Of Shares For US$5.1 Million 12
Polarcus Completes Public Offering Of Shares For US$0.15 Million 13
Polarcus Completes Private Placement Of Shares For US$39.6 Million 14
Polarcus Completes Private Placement Of Shares For US$34.8 Million 15
Debt Offering 16
Polarcus Limited Completes Public Offering Of Bonds Due 2019 For US$57 Million 16
Polarcus Completes Private Placement Of 8% Bonds Due 2018 For US$95 Million 17
Asset Transactions 18
Turkish Petroleum Competes Acquisition Of Polarcus Samur, Eight-Streamer 3D Seismic Vessel, From Polarcus, For US$133.5 Million 18
Polarcus Ltd – Key Competitors 20
Polarcus Ltd – Key Employees 21
Polarcus Ltd – Locations And Subsidiaries 22
Head Office 22
Other Locations & Subsidiaries 22
Recent Developments 24
License Rounds 24
Sep 19, 2017: Uruguay launches third licensing round for hydrocarbon exploration and production 24
Strategy and Business Expansion 26
Jan 05, 2018: Polarcus Extends Multi-Client Collaboration And Vessel Agreement With TGS 26
Oct 27, 2017: Polarcus Receives LOI For Highly Pre-Funded Multi-Client Project In Middle East 27
Financial Announcements 28
May 11, 2018: Polarcus Announces First Quarter 2018 – Improved Capital Structure And Increased Market Activity 28
Feb 27, 2018: Polarcus Fourth Quarter 2017 Report 29
May 04, 2017: Polarcus Announces First Quarter 2017 Report – Improved Liquidity And Lowest Ever Operating Costs 34
Feb 21, 2017: Polarcus: Fourth Quarter And Preliminary Full Year 2016 Report – Earnings Impacted By Lower Utilization 36
Other Significant Developments 40
Jul 03, 2018: Polarcus Vessel Utilization For Q2 2018 40
Jul 02, 2018: Melbana Energy Provides Operations Update 41
Jul 02, 2018: TGS Announces Addition To Australian Data Library 43
Jun 04, 2018: Polarcus Announces Appointment Of Lars Oestergaard As COO 44
May 14, 2018: United Oil & Gas Announces Completion Of 3D Seismic Survey On Tullow Oil-Operated Licence, Offshore Jamaica 45
Apr 19, 2018: Polarcus Nominates New Chairman 47
Apr 11, 2018: TGS Announces Further Expansion Of Atlantic Margin Multi-Client Program 48
Apr 06, 2018: Polarcus Provides Vessel Utilization For Q1 2018 49
Mar 21, 2018: Polarcus: Approved Prospectus, Listing Of Shares And Repair Offering 50
Mar 01, 2018: Polarcus Admission To Temporary Trading Of Newly Issued Shares On Merkur Market 51
Jan 04, 2018: Polarcus announces Q4 2017 and FY 2017 vessel utilization update 52
Dec 08, 2017: Polarcus receives environmental permit for 3D broadband project in Australia 53
Nov 22, 2017: Polarcus announces board changes 54
Jul 05, 2017: Polarcus Vessel Utilization For Q2 2017 55
Mar 17, 2017: Polarcus appoints new CEO 56
Mar 06, 2017: Polarcus Appoints Ex-Ophir Chairman As New Board Director 57
Feb 20, 2017: Polarcus Nominates New Director 58
Jan 30, 2017: Polarcus announces resignation of board member 59
Jan 05, 2017: Polarcus Vessel Utilization For Q4 2016 60
New Contracts Announcements 61
Jun 08, 2018: Melbana Energy: Beehive 3D Seismic Survey – Contract Awarded 61
Jun 08, 2018: Polarcus Awarded XArray 3D project In North-West Europe 63
Jun 06, 2018: Polarcus Awarded XArray 3D Project 64
May 02, 2018: Polarcus Enters Into Contract For Broadband 3D Marine Seismic Acquistion Project In Australia 65
May 02, 2018: Polarcus Receives Letter Of Award For XArray 3D Marine Seismic Acquisition Project In Asia Pacific 66
Feb 27, 2018: Polarcus Receives Letter Of Intent For 3D Marine Seismic Acquisition Project 67
Feb 14, 2018: Polarcus Enters Into Contract For 4D Marine Seismic Acquisition Project In West Africa 68
Feb 14, 2018: Polarcus Extends Support Service Agreement 69
Jan 24, 2018: Polarcus Receives Award For 4D Marine Seismic Acquistion Project In Asia Pacific 70
Jan 11, 2018: Polarcus Awarded 3D Marine Seismic Project In South America 71
Dec 21, 2017: Polarcus Secures XArray Contract In Gulf Of Mexico 72
Dec 18, 2017: Polarcus secures 3D XArray project In Caribbean 73
Nov 09, 2017: Polarcus Awarded Broadband 3D Project In Australia 74
Oct 27, 2017: Polarcus Awarded XArray 3D Project In South America 75
Aug 03, 2017: Polarcus Awarded Broadband 3D Project In Asia Pacific 76
Jun 26, 2017: Polarcus Awarded 3D XArray Project Offshore West Africa 77
May 10, 2017: Polarcus Awarded Broadband 3D Project In Asia Pacific 78
Apr 07, 2017: Polarcus Awarded Broadband 3D Project In Asia Pacific 79
Mar 03, 2017: Polarcus Secures Additional Backlog In Australia & West Africa 80
Mar 02, 2017: Polarcus Secures Further Extension To South American Campaign 81
Feb 09, 2017: Polarcus Awarded 4D Project Offshore West Africa 82
Feb 08, 2017: Polarcus Secures Extension Of South American Campaign 83
Jan 09, 2017: Polarcus Awarded Broadband 3D Project Offshore West Africa 84
Appendix 85
Methodology 85
About GlobalData 85
Contact Us 85
Disclaimer 85
Polarcus Ltd, Oil & Gas, Key Facts, 2017 2
Polarcus Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
Polarcus Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Polarcus Ltd, Oil & Gas Deals By Type, 2012 to YTD 2018 7
Polarcus Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Polarcus Ltd, Deals By Sector, 2012 to YTD 2018 9
Polarcus Ltd, Oil & Gas, Deals Summary, 2012 to YTD 2018 10
Polarcus Acquires Marine Seismic In-Sea Acquisition System From Dolphin Geophysical For US$11.5 Million 11
Polarcus Completes Public Offering Of Shares For US$5.1 Million 12
Polarcus Completes Public Offering Of Shares For US$0.15 Million 13
Polarcus Completes Private Placement Of Shares For US$39.6 Million 14
Polarcus Completes Private Placement Of Shares For US$34.8 Million 15
Polarcus Limited Completes Public Offering Of Bonds Due 2019 For US$57 Million 16
Polarcus Completes Private Placement Of 8% Bonds Due 2018 For US$95 Million 17
Turkish Petroleum Competes Acquisition Of Polarcus Samur, Eight-Streamer 3D Seismic Vessel, From Polarcus, For US$133.5 Million 18
Polarcus Ltd, Key Competitors 20
Polarcus Ltd, Key Employees 21
Polarcus Ltd, Other Locations 22
Polarcus Ltd, Subsidiaries 22
List of Figures
Polarcus Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
Polarcus Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
Polarcus Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
Polarcus Ltd, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
Polarcus Ltd, Oil & Gas, Deals By Year, 2012 to YTD 2018 6
Polarcus Ltd, Oil & Gas, Deals by Type, 2012 to YTD 2018 7
Polarcus Ltd, Oil & Gas, Deals By Region, 2012 to YTD 2018 8
Polarcus Ltd, Oil & Gas, Deals by Sector, 2012 to YTD 2018 9