SeaBird Exploration Plc will in partnership with GeoPartners Ltd (“GeoPartners”), start a seismic survey project offshore Namibia. The 2D acquisition program is of approximately 4,700km and will be acquired using the survey vessel Osprey Explorer currently in transit to Walvis Bay. The survey will begin within the next few days, with an expected project duration [...]
SeaBird Exploration Plc has announced that has signed a LOA for the Geo Pacific 3D seismic vessel 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. M/V Geo Pacific is the [...]
SeaBird Exploration Plc (“SeaBird”) has chartered the 3D vessel “Geo Pacific” from Fugro, through a subsidiary of Ordinat Shipping AS on a 4 month time charter that is intended to be converted into a 3 year bareboat with four one-year options to extend the contract. Ordinat Shipping AS is the largest shareholder in SeaBird. Furthermore, [...]
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 [...]
SeaBird Exploration Plc has received a letter of award from a Company in the Asia Pacific region for the Aquila Explorer vessel. The contract has an estimated duration of 75 days with a value of approximately USD 8 million, with an optional extension of about 45 days with a value of USD 5 million. SeaBird [...]
SeaBird Exploration Plc has announced the successful completion of a Private Placement of 11,000,000 new shares directed towards Norwegian and international institutional investors after the close of the Oslo Stock Exchange on 27 November 2012. The over-subscribed placement was made at a subscription price of NOK 7.50 per share. Total gross proceeds from the Private [...]
Veripos, world leaders for provision of high-precision GNSS positioning solutions to the offshore oil and gas industry, has been awarded a two-year extension to its present contract with seismic survey specialists SeaBird Exploration FZ-LLC of Dubai, a division of the Norwegian SeaBird Exploration Group. The contract covers continuing supply of satellite positioning services aboard two [...]
November 16, 2012 | Posted in
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SeaBird Exploration Plc announced that Voyager Explorer has received a letter of award from an oil company in South East Asia. The contract value is approximately USD 7.5 million and contract duration is estimated to 50 days. The Voyager Explorer has mobilized from East Africa and work will commence early September. The Northern Explorer will [...]
September 4, 2012 | Posted in
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Spectrum and Seabird Exploration have agreed to enter into a new agreement in which Spectrum agrees to acquire 2D data for a minimum value of USD 30 million over 48 months, commencing upon fulfillment of the USD 23 million in the initial contract. This is estimated to be in September 2012. The pricing of the [...]
SeaBird Exploration Plc has announced that it has received a letter of award from a National oil company in the Asia Pacific region for its seismic vessel, Aquila Explorer. The work program value is approximately USD 5 million and will start in late August following completion of the current contract. Contract duration is estimated to [...]
