Seabird Exploration 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.

About Seabird Exploration

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).