SeaBird Exploration Plc: Contract Award for Eagle Explorer

21 May 2024 07:38 CEST

21.5.2024 07:38:37 CEST | Seabird Exploration Plc | Additional regulated
information required to be disclosed under the laws of a member state

Nicosia, Cyprus - 21 May 2024 - Seabird Exploration ("the Company") is pleased
to announce that it has received a Letter of Award for OBN source work for the
Eagle Explorer in the Western Hemisphere with a repeat client. The duration of
the contract is 6 months plus options to extend by another 6+6 months.
Mobilization for the new contract has started and commencement of the contract
is expected second half of June.

"The Company's backlog currently shows a combined 33 months of OBN source work
including options. Further, we see several opportunities in 2D and are exploring
alternative ways of employing the Company`s considerable track record and
streamer capacity here" says Ståle Rodahl, Executive Chairman, in a comment.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements in article 19 of the
Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading
Act.

CONTACTS

* Finn Atle Hamre, CEO, Seabird Exploration Plc, +47 958 35 991,
finn.atle.hamre@sbexp.com

ABOUT SEABIRD EXPLORATION PLC

Seabird Exploration Plc and its subsidiaries ("SBX" or "the Company") is a
global provider of marine 2D seismic acquisition and source vessel services to
the Oil & Gas industry. SBX strive to maximize shareholder value through
relentless focus on Quality, Health, Safety and Environment (QHSE), innovation
and technical excellence in the efficient collection of high-quality seismic
data and dedication to delivering the highest possible client satisfaction. The
fleet consist of two vessels that are upgraded and outfitted with
state-of-the-art equipment, in addition the Company has available equipment to
outfit additional third party vessels. The Company is registered in Cyprus, with
branch office in Bergen (Norway). The SBX share is listed on the Oslo Børs
(ticker: SBX). For more information, please visit https://www.sbexp.com/.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848273/3124/4511/Download%20announcement
%20as%20PDF.pdf

More information:
Access the news on Oslo Bors NewsWeb site

619166_Download announcement as PDF.pdf