Brief: SeaBird Exploration Updates On “Petrel Explorer”

Sed Energy Holdings

02/03/2020 07:03

March 2 (Reuters) - SeaBird Exploration PLC  SBX.OL :
    * REG-SEABIRD EXPLORATION: UPDATE ON THE “PETREL EXPLORER”
    * RECEIVED A NOTICE OF EXTENSION OF «PETREL EXPLORER» TIME
CHARTER
PARTY
    * CHARTER PERIOD IS NOW FIRM UNTIL 31 MAY 2020.
    * RECEIVED INDICATIVE BID INTEREST FROM A PROSPECTIVE BUYER
OF
VESSEL.
    * GIVEN POSITIVE MARKET BACKDROP, `S PREFERRED STRATEGY FOR
VESSEL
IS TO MAINTAIN EXPOSURE THROUGH CURRENT CHARTER PARTY
    * PENDING FURTHER EXTENSIONS, COMPANY MAY SEEK A NEW OWNER
FOR
VESSEL.

Source text for Eikon:  ID:nGNE8cLrMB 
Further company coverage:  SBX.OL 

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