Stronger oil price sees Polarcus back to black

INTERNATIONAL seismic provider Polarcus has made the most of a stronger oil price over the last six months, with higher vessel day rates which have translated into higher revenue and a return to profit for the company.

Stronger oil price sees Polarcus back to black Stronger oil price sees Polarcus back to black Stronger oil price sees Polarcus back to black Stronger oil price sees Polarcus back to black Stronger oil price sees Polarcus back to black

Polarcus chief Duncan Eley

 

The service provider released its half yearly report this week, noting a net profit for the period of US$600,000 (A$860,940), marking the company's first profit in over a year when it recorded

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