Brief: Seabird Exploration: Letter Of Award For 3D Survey In Asia

Sed Energy Holdings

09/01/2020 10:17

Jan 9 (Reuters) - SeaBird Exploration PLC  SBX.OL :
    * REG-SEABIRD EXPLORATION: LETTER OF AWARD FOR A 3D SURVEY
IN ASIA
    * SURVEY COMMENCES AT END OF Q1 AND IS EXPECTED TO BE
COMPLETED IN
Q2 THIS YEAR.
    * WILL ENTER INTO A FRAME AGREEMENT WITH CUSTOMER, UNDER
WHICH
FURTHER WORK MAY BE AWARDED TO SEABIRD.
    * COMPANY WILL USE A THIRD PARTY VESSEL AND EQUIPMENT FOR
THIS
SURVEY AS IT SEEKS TO OPTIMIZE ITS CAPACITY AGAINST ALL CONTRACT
OPPORTUNITIES CURRENTLY SEEN IN REGION
    * IN CONJUNCTION WITH LOA ABOVE, SEABIRD WILL ALSO ENTER
INTO A
FRAME AGREEMENT WITH CUSTOMER, UNDER WHICH FURTHER WORK MAY BE
AWARDED TO SEABIRD

Source text for Eikon:  ID:nGNE3nf8Qz 
Further company coverage:  SBX.OL 

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