SeaBird Secures Contract for ‘Osprey Explorer’ in South America

SeaBird Exploration Plc announced 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.

[mappress]

SeaBird, May 28, 2013