Cyprus: SeaBird Signs Agreements for Sale of USD 4 Mln From Its Multi-Client Library

SeaBird Exploration Plc announces that it has signed agreements for the sale of approximately USD 4 million from its multi-client library.

The Voyager Explorer shallow water 3D job in Mozambique has been extended into August 2012 under the current contract. The Aquila Explorer has just completed a short contract in Indonesia and has commenced a well prefunded multi-client project with an estimated duration of approximately 30 days.

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).

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Subsea World News Staff , June 29, 2012;  Image: SeaBird