SeaBird Gets LoI for New OBN Project in Eastern Hemisphere

SeaBird Exploration has received a letter of intent for the exclusive provision of source vessel services for an ocean bottom node (OBN) survey.

The survey will take place in the Eastern Hemisphere, the company noted.

The survey is expected to start in Q1 2020.

It will have an approximate duration of 60 – 90 days.

SeaBird did not disclose the name of the client nor the value of the contract.