SeaBird Exploration: Contract Extension

Tuesday 12 March 2019

Reference is made to the stock exchange notice dated 13 November 2018. SeaBird announced that the contract for the Eagle Explorer with CGG has been extended by approximately 80 days. The contract is now firm until 15 August 2019, with further options for CGG to extend with up to 60 days. The Eagle Explorer has been on a 160-day contract with CGG since acquired in November and completing its 10 year class docking in December 2018 and is currently working as a source vessel in the Gulf of Mexico. The extension is for another survey as source vessel in Northern Europe.