SeaBird Exploration Plc: Multi-client 2D survey in North West Europe

ID: 1418214
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(Thomson Reuters ONE) -


29 February 2016, Limassol, Cyprus

SeaBird Exploration Plc ("SeaBird" or the "Company") is pleased to announce that
the Company has signed an agreement to conduct a pre-funded 2D multi-client
survey in North West Europe during this coming summer season. The project is due
to commence during Q2-2016 and will run for approximately two to three weeks.

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. 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:

Christophe Debouvry
CEO SeaBird Exploration
Phone: +47 22402705

or

Nils Haugestad
CFO SeaBird Exploration
Phone: +47 22402717



This announcement is distributed by GlobeNewswire on behalf of


GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: SeaBird Exploration Plc via GlobeNewswire
[HUG#1990012]






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Date: 02/29/2016 - 02:02
Language: English
News-ID 1418214
Character count: 6071
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Firma: SeaBird Exploration Plc
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Stadt: Oslo
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