1/20/2012
Dolphin Geophysical has announced that it has reached a final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km2 offshore Senegal.
The survey will commence early March and is highly funded by industry. Dolphin already has 2D seismic data over this area, acquired in 2011 and the acquisition of 3D data is a natural progression for these prospective areas which require better focus and defining.
Dolphin Geophysical has also received a Letter of Award for additional 3D contract work and combined with the existing backlog and Multi-Client commitment, Polar Duke will have a firm backlog until end of third quarter 2012.
Additional details will be disclosed as part of the Q4 earnings release on the 21 February 2012
"Our recent contract awards, pre-funding levels and improved visibility confirms a continued strengthened 3D seismic marke," said CEO Atle Jacobsen. "We are pleased that both our high capacity 3D seismic vessels will be fully occupied until end of third quarter 2012."
This news comes on the heels of Dolphin receiving another LOA from an undisclosed client for the aquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012.
"We are very pleased to be awarded this additional work in India, securing continuous work for the Artemis Arctic until she returns to the North Sea," Jacobsen said.
Dolphin Geophysical has announced that it has reached a final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km2 offshore Senegal.
The survey will commence early March and is highly funded by industry. Dolphin already has 2D seismic data over this area, acquired in 2011 and the acquisition of 3D data is a natural progression for these prospective areas which require better focus and defining.
Dolphin Geophysical has also received a Letter of Award for additional 3D contract work and combined with the existing backlog and Multi-Client commitment, Polar Duke will have a firm backlog until end of third quarter 2012.
Additional details will be disclosed as part of the Q4 earnings release on the 21 February 2012
"Our recent contract awards, pre-funding levels and improved visibility confirms a continued strengthened 3D seismic marke," said CEO Atle Jacobsen. "We are pleased that both our high capacity 3D seismic vessels will be fully occupied until end of third quarter 2012."
This news comes on the heels of Dolphin receiving another LOA from an undisclosed client for the aquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012.
"We are very pleased to be awarded this additional work in India, securing continuous work for the Artemis Arctic until she returns to the North Sea," Jacobsen said.
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