SeaBird Secures LoA for Geo Pacific in Caribbean

SeaBird Exploration Plc (“SeaBird”) announces that the Geo Pacific has signed a LOA with estimated total duration of 85 days in the Caribbean.

Estimated contract value is approximately USD 12.5 million. Commencement is expected second part of April. Geo Pacific is currently undergoing sea trials offshore Las Palmas.

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.

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Press Release, April 02, 2013