The company has signed two letters of intent for the acquisition of 3D seismic offshore South Africa. The agreements are at least 3,550 square miles, but can be extended to the 5,000 square kilometers.
Overall we are talking about three separate projects and will use the vessels Polarcus "Polarcus Naila" and "Polarcus Samur" to fill the contracts. The duration will be equal to the work of a vessel for up to five months.
If it is entered into fixed contracts will be the first mission for the new building "Polarcus Samur." The vessel will travel to South Africa soon after it is delivered from the yard towards the end of the fourth quarter.010 are being drilled now and we expect to complete them before the end of the year."
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