SeaBird Exploration - 2D seismic contract
(Thomson Reuters ONE) -
Cyprus, 25 April 2012
SeaBird Exploration PLC ('SeaBird' or 'SBX') has been awarded a contract in
excess of USD 5.5 million in East Africa for the Northern Explorer by a Multi-
Client company. The contract will commence in direct continuation of her current
contract with Spectrum ASA, and has an estimated duration of 60 days with an
optional extension estimated to about 40 days and a value of about USD 4
million.
For further queries contact:
Dag Reynolds
CEO SeaBird Exploration
Phone: +47 90883737
or
Nils Haugestad
CFO SeaBird Exploration
Phone: +971 504506353
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
specialises 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.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters 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 Thomson Reuters ONE
[HUG#1605734]
Unternehmensinformation / Kurzprofil:
Datum: 25.04.2012 - 09:30 Uhr
Sprache: Deutsch
News-ID 138946
Anzahl Zeichen: 2579
contact information:
Town:
Oslo
Kategorie:
Business News
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