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ENH — Sed Energy Holdings News Story

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Brief: Seabird Exploration EBITDA Loss At USD 0.5 Mln

May 25 (Reuters) - SeaBird Exploration PLC  SBX.OL :
    * Q1 REVENUE $3.7 MILLION VERSUS $25.3 MILLION YEAR AGO
    * Q1 EBITDA LOSS $0.5 MILLION ON 33% UTILIZATION
    * IS PLANNING FOR THE FIRST LICENSE AWARDS ON THE NCS IN 
2023
    * INCREASED ITS ONE HEDSMS REVENUE TARGET  FROM >$400M TO
>$550M

Source text for Eikon:  ID:nGNE71sDR3 
Further company coverage:  SBX.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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