SeaBird Exploration: Extraordinary General Meeting completed
(Thomson Reuters ONE) -
13 June 2017, Limassol, Cyprus
Reference is made to the stock exchange announcement of SeaBird Exploration PLC
("SeaBird") on 26 May 2017, concerning the proposed restructuring of the SeaBird
group (the "Restructuring") and to the stock exchange announcement on 30 May
2017, regarding the calling of an Extraordinary General Meeting of SeaBird
("EGM") for the conversion of debt into equity and the approval of the
Restructuring.
The EGM is now completed. The proposals on the agenda were adopted with
requisite majority.
Following the EGM, SeaBird continues its efforts to satisfy the outstanding
conditions for the proposed Restructuring.
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 Quality, Health,
Safety, Security and Environment (QHSE), 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 Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SeaBird Exploration Plc via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 13.06.2017 - 11:25 Uhr
Sprache: Deutsch
News-ID 547538
Anzahl Zeichen: 2707
contact information:
Town:
Oslo
Kategorie:
Business News
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"SeaBird Exploration: Extraordinary General Meeting completed"
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SeaBird Exploration Plc (Nachricht senden)
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