SeaBird Exploration: Letter of intent received for source work in the Americas region
20 September, Limassol, Cyprus SeaBird Exploration is pleased to announce that it has received a letter of intent from a repeat client to provide two source vessels for an OBN seismic survey in the Americas region. The OBN survey is expected to commence in Q1- 2019 with an expected combined duration of three to four vessel months. SeaBird will be using the Harrier Explorer and Osprey Explorer for the project. For further queries contact: Hans Petter Klohs CEO SeaBird Exploration Phone: +47 22402718 or Nils Haugestad CFO SeaBird Exploration Phone: +47 22402717 About SeaBird: 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.
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Source: SeaBird Exploration Plc via GlobeNewswire
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