SeaBird Exploration: source work in US Gulf of Mexico
June 25, 2018 at 02:01 am EDT
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25 June 2018, Limassol, Cyprus
SeaBird Exploration is pleased to announce that it has signed an agreement to provide a source vessel for an upcoming seismic survey in the US Gulf of Mexico. The project is anticipated to commence during Q3 and will have a minimum firm duration of approximately 60 days. SeaBird will be using the Osprey Explorer for the project.
SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products and services to the oil and gas industry. SeaBird specializes in high quality operations within the high end of the source vessel and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main focus for the company is proprietary seismic surveys (contract seismic). Main success criteria for the company are an unrelenting focus on Quality, Health, Safety and Environment (QHSE), combined with efficient collection of high quality seismic data. All statements in this press release other than statements of historical fact are forward-looking statements and are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include SeaBird`s reliance on a cyclical industry and the utilization of the company's vessels. Actual results may differ substantially from those expected or projected in the forward-looking statements.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
For further queries contact:
Nils Haugestad CFO SeaBird Exploration Phone: +47 22402717
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: SeaBird Exploration Plc via Globenewswire
SeaBird Exploration PLC is a Cyprus-based company engaged in the oil and gas industry. The Company specializes in the provision of surveying services, including two-dimensional (2D), source, ocean bottom seismic, and shallow water three-dimensional (3D) studies. It provides contract seismic surveys, as well as operates in the multi-client sector, offering a data library, which covers the region of Australia, the Hebrides, Norway, and the Philippines. Its multi-client surveys are also performed in cooperation with Searcher Seismic and GeoPartners. Furthermore, the Company operates worldwide through a number of subsidiaries.
SEABIRD EXPLORATION PLC 
