SeaBird Exploration Plc ("SeaBird") is pleased to announce that it has been awarded a contract for the acquisition of a 2D seismic survey in East Africa (the "Survey"). The Survey size is in the range of 16,000 to 20,000km and will be acquired using the survey vessels Northern Explorer and Hawk Explorer. Commencement of the Survey is within the next few days, with expected duration of 90-100 days per vessel. The Survey has a value of approximately USD 16 to 17 million.
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 Health, Safety, Security, Environment and Quality (HSSEQ), combined with efficient collection of high quality seismic data.