SeaBird and Searcher Seismic Team Up for Snøspurv Seismic Survey, Norway

SeaBird Exploration Plc (“SeaBird”) has partnered with Searcher Seismic Pty Ltd (“Searcher Seismic”) on the multi-client 12,000 km Snøspurv 2D high resolution seismic survey covering the Bjarmeland Platform in the Norwegian Barents Sea. The survey is scheduled to commence in Q2 2013 and is estimated to take 4 months to complete.

The platform area consists of several play types already proven in other parts of the Barents Sea and the survey will be undertaken to specifically target the prospective Triassic-Jurassic sections to the south and west. In addition, the Carboniferous/Permian and the Triassic section will be the main exploration targets to the northern part of the survey area.

No exploration wells have been drilled to date in the Bjarmeland Platform, despite covering an area of almost 35,000 km2. As well as unlocking the potential of this vast area, the survey will also provide the necessary link for regional interpretation into the promising South Eastern Barents frontier which is soon to be opened for exploration.

Data will be available for participating companies from Q3 2013.

[mappress]
Press Release, December 18, 2012