Cyprus: SeaBird Exploration Provides Vessel Updates

Cyprus SeaBird Exploration Provides Vessel Updates

SeaBird Exploration Plc (“SeaBird”) announces that it has been awarded work for approximately USD 16 million in the South America region with the vessel Osprey Explorer.

In addition, the Hawk Explorer has now moved to Uruguay and commenced a 4,000 km survey for Spectrum. This survey will be covered under the current framework agreement.

As previously announced, SeaBird will commence the Snospurv survey in the Barents Sea within the next few days. Phase 1 of the Snospurv project is 6,000 km. The survey will be executed with the vessel Harrier Explorer.

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.

[mappress]
Press Release, May 28, 2013