SeaBird Exploration (SBX)

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SeaBird Exploration: third quarter 2019 presentation and webcast

1 November 2019, Limassol, Cyprus

SeaBird Exploration will present their financial results for the third quarter
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of 2019 on Thursday, 7 November. There will be an investor presentation with a
strategy update at 08:00 hours at SeaBird’s Oslo office, 6th floor, Cort Adelers
gate 16, Oslo.

The presentation will be transmitted live and a recorded version will be
available shortly thereafter.

Please use the following conference call link:

https://join-
emea.broadcast.skype.com/sbexp.com/08a01decd26f42e89fad5ab1777d01fb/en-US/

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. All statements in this press release other than statements
of historical fact are forward-looking statements and are subject to a number of
risks, uncertainties and assumptions that are difficult to predict, and are
based upon assumptions as to future events that may not prove accurate. These
factors include SeaBird`s reliance on a cyclical industry and the utilization of
the company’s vessels. Actual results may differ substantially from those
expected or projected in the forward-looking statements.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

For further queries contact:

Gunnar Jansen
CEO SeaBird Exploration
Phone: +47 22402169

or

Nils Haugestad
CFO SeaBird Exploration
Phone: +47 22402717

Kilde

[ezPappi]

Hvilke tanker har dere om kommende presentasjon?
Selv kjøpte jeg mer på 0.62 og regner med byks oppover i morgen. Jeg tror det blir fremlagt ny strategi med salg av noen av båtene i et stigende marked for å finansiere oppgraderinger og muligens satsing på nyere teknologi.

[TekBot]

SeaBird Exploration: third quarter 2019 report

7 November 2019, Limassol, Cyprus

SeaBird is pleased to announce its third quarter 2019 report.
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Headlines Q3 2019

• Revenues of $16.0 million, up 196% from Q3 2018
• Utilization of 68%, up from 55% in Q3 2018
• Clean EBITDA of $2.0 million, up from negative $2.8 million in Q3 2018
• Market outlook improving with tendering activity pointing up and day rates
  up approximately 30% YOY showing continued upwards pressure
• SeaBird implements a more asset-light and flexible business model
• SeaBird highgrades fleet and targets global leadership in 2D/niche 3D and
  source
• SeaBird streamlines operations into project-based organization and moves
  operations to Bergen
• SeaBird aims to cut SG&A by 40% and takes a restructuring charge of
  approximately $1.2 million in Q4
• SeaBird sees industry consolidation

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. All statements in this press release other than statements
of historical fact are forward-looking statements and are subject to a number of
risks, uncertainties and assumptions that are difficult to predict, and are
based upon assumptions as to future events that may not prove accurate. These
factors include SeaBird`s reliance on a cyclical industry and the utilization of
the company’s vessels. Actual results may differ substantially from those
expected or projected in the forward-looking statements.

The third quarter 2019 presentation will be transmitted live here:

Join the meeting (https://join-
emea.broadcast.skype.com/sbexp.com/08a01decd26f42e89fad5ab1777d01fb)

https://join-
emea.broadcast.skype.com/sbexp.com/08a01decd26f42e89fad5ab1777d01fb/en-US/
(https://www.globenewswire.com/Tracker?data=8zsvSx5Aap5Y5XKKxfQzDcrZOZ36YHjZ6fsV
oc6oUADt-
B52cN1PAg1V5CTeMTDl9Ac13hCHCAzJ0IgFS44Q09AhRQ_aQd1xPOZ07sEC–dORb3-uprtIhIAo5Ckq
my0gvaz2XobRVKrh976BZmZ2BCur8bHEjsEGrJ5B9c57innh6OcGZtGJ4ZsvPIT8ypPL28fN-N679Qlb
s8tb4IJSf47SEeSkZUGhxxes1hP4d32BOUzVOlaZVLwLECm7esQjQGvvILctK5waA1oFYp0_Q==)

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act

For further queries contact:

Gunnar Jansen
CEO SeaBird Exploration
Phone: +47 22402169

or

Nils Haugestad
CFO SeaBird Exploration
Phone: +47 22402717

Kilde

[TekBot]

SeaBird Exploration: new OBN source contract in Eastern Hemisphere

11 November 2019, Limassol, Cyprus

SeaBird Exploration is pleased to announce receipt of a letter of intent for the
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exclusive provision of source vessel services for an OBN survey in the Eastern
Hemisphere. The survey is expected to start in Q1 2020, with an approximate
duration of 60 - 90 days.

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. All statements in this press release other than statements
of historical fact are forward-looking statements and are subject to a number of
risks, uncertainties and assumptions that are difficult to predict, and are
based upon assumptions as to future events that may not prove accurate. These
factors include SeaBird`s reliance on a cyclical industry and the utilization of
the company’s vessels. Actual results may differ substantially from those
expected or projected in the forward-looking statements.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

For further queries contact:

Gunnar Jansen
CEO SeaBird Exploration
Phone: +47 22402169

or

Nils Haugestad
CFO SeaBird Exploration
Phone: +47 22402717

Kilde

[TekBot]

SeaBird Exploration: The Chairman of the Board purchases shares in open market transactions and becomes Executive Chairman. Option scheme to be adjusted.

12 November 2019, Limassol, Cyprus

SeaBird Exploration Plc (the “Company”) announced today that the Chairman of the
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Board, Mr Ståle Rodahl, has through a holding company acquired 3,000,000 shares
in the Company at an average price of NOK 0.576 per share. Following the
transaction and the option grant described below, Mr Rodahl and his close
associates holds 8,500,000 shares and 9,200,000 share options in the Company.

Simultaneously, it was announced that the Company has entered into a consultancy
agreement with Mr Rodahl, pursuant to which Mr Rodahl will render consultancy
services to the Company in the capacity of Executive Chairman. Under the
engagement, Mr Rodahl will render consultancy services to such extent as will be
agreed with the Board of Directors, focusing on strategic matters, at a rate of
NOK 1,500 per hour.

Further, referring to its 15 October 2018 announcement of the establishment of a
share option plan limited to 10% of the outstanding shares in the Company, and
the issue of 25.3 million options under said plan, the Company announced that
these options no longer function as intended due to the strike price’s relation
to the currently quoted share price. Therefore, the Company intends to reset the
exercise price while maintaining the volume of the plan within the 10% limit of
the current number of shares outstanding. The intention is to enter into
arrangements with employees whereby existing options granted under the 2018 plan
are cancelled and exchanged for new options at a strike price of NOK 0.55 for
the first year, with an increase of 10% per year for the next two years of
vesting under the plan’s three year’s duration from re-grant. The first
9,200,000 options under the adjusted terms have been granted to Mr Rodahl, and
will vest over three years from grant, provided Mr Rodahl remains available as a
board member. The implementation of the redistribution of the previously issued
options are expected to take place without delay, and within Q4 2019.

For further queries contact:
Ståle Rodahl, Chairman of the Board +47 48400593,

or

Gunnar Jansen, Interim CEO +47 941 19191

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. This information is subject of the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[ezPappi]

Fin oppgang de to siste dagene. Ting tar tid men SBX skal videre opp.

[Plumbo]

Vil gjerne høre litt mer om dine tanker her. Sitter du med papirtap eller trader du bølgene? Har fulgt litt med pga trades men fikk plutselig for meg at sbx kanskje er en oppkjøpskandidat nå?

[ezPappi]

Hør på den siste kvartalsrapporten.

[TekBot]

SeaBird Exploration: resignation of board member

18 November 2019, Limassol, Cyprus

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Board member Olav Haugland has given notice to SeaBird Exploration Plc of his
resignation as a member of the board of directors of SeaBird. The company
extends its gratitude to Mr Haugland for his long-standing services on the board
of directors.

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. All statements in this press release other than statements
of historical fact are forward-looking statements and are subject to a number of
risks, uncertainties and assumptions that are difficult to predict, and are
based upon assumptions as to future events that may not prove accurate. These
factors include SeaBird`s reliance on a cyclical industry and the utilization of
the company’s vessels. Actual results may differ substantially from those
expected or projected in the forward-looking statements.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

For further queries contact:

Ståle Rodahl
Executive Chairman SeaBird Exploration
Phone: +47 484 00 593

Kilde

[ezPappi]

Mer opprydding i rekkene. Tommel opp.

[TekBot]

SeaBird Exploration plc: amendments and awards under its option program

In reference to the November 12 2019 press release, Seabird Exploration, Plc
announces the following amendments and awards under its Option Program.

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Given subsequent events following the November 12 2019 announcement, the
exercise price has been adjusted upwards and fixed at an average exercise price
of NOK 0.66 for the three years of the program (NOK 0.6, 0.66 and 0.72
respectively) versus the previous average of NOK 0.6, whereby the annual 10%
uplift is maintained. The three year average vesting price constitutes a 26%
premium to the November 25 2019 closing price of the Company’s shares on the
Oslo Stock Exchange.

Furthermore, the Company announces the awards set out below to Key Employees
under the program, at the exercise price stated above. The options vest over a
three year period from the date of grant in November 2019, and previously
granted options to these employees are terminated. Further awards may be granted
going forward, pending cancellations of existing options under the 2018 option
program. The Executive Chairman Mr Rodahl has offered to forfeit 2,000,000
options to increase availability under the current awards, and consequently
holds 7,200,000 options and 8,500,000 shares.

Following the option grant, the following employees’ current holding of shares
and options are as follows:

                       No of shares held No of options granted and held

Gunnar Jansen, Acting CEO 7,200,000

Finn Atle Hamre, COO 302,500 7,200,000

Steinar Hovland, VP 3,500,000

Steinar Fjeldboe, VP 3,500,000

Kjell Mangerøy, VP 452,501 3,500,000

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. All statements in this press release other than statements
of historical fact are forward-looking statements and are subject to a number of
risks, uncertainties and assumptions that are difficult to predict, and are
based upon assumptions as to future events that may not prove accurate. These
factors include SeaBird`s reliance on a cyclical industry and the utilization of
the company’s vessels. Actual results may differ substantially from those
expected or projected in the forward-looking statements.

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.

For further queries contact:

Ståle Rodahl
Executive Chairman SeaBird Exploration
Phone: +47 484 00 593

Gunnar Jansen
CEO SeaBird Exploration
Phone: +47 22402169

Kilde

[TekBot]

SeaBird Exploration: change in management

19 December 2019, Limassol, Cyprus

SeaBird Exploration PLC (the “Company”) announces today that Nils Haugestad has
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resigned as CFO in the Company. Mr. Haugestad will leave his position as of 31
March 2020, and will remain available as needed for some time after that. Nils
has been CFO in Seabird for 6 years and was instrumental in the refinancing of
the Company during the 2014-2017 industry downturn, ensuring Seabird developed
on a sound footing with a stronger balance sheet and lowered costs. We would
like to take this opportunity to express our thanks on behalf of the Company to
Nils for his considerable contribution during these years, and wish him all the
best in his future endeavours.

To this end, we are pleased to announce that Erik von Krogh has agreed to take
up the position as CFO with the Company from 1 April 2020. Mr. von Krogh has
more than 10 years experience from the shipping and offshore industry and ship
financing. He currently holds the position as Finance Manager for the ship
management company Myklebusthaug Management AS. His previous experience
includes corporate banking from Nordea Shipping, Offshore and Oil Services and
investment banking from Fearnley Securities. He holds a Cand.merc./MSc from the
Norwegian School of Economics (NHH).

For further queries contact:

Ståle Rodahl
Executive Chairman
+47 48400593

Gunnar Jansen,
CEO (acting)
+47 941 19191

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. This information is subject of the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kilde

[odin1]

Noen som har noen formening om denne ?

[odin1]

2 innsidekjøp i dag

[TekBot]

SeaBird Exploration: Letter of Award for a 3D survey in Asia

9 January 2020, Limassol, Cyprus

Seabird today announces a Letter Of Award for a 3D survey in Asia. The survey
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commences at the end of Q1 and is expected to be completed in Q2 this year. The
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
the region.

In conjunction with the LOA above, Seabird will also enter into a frame
agreement with the customer, under which further work may be awarded to
SeaBird.

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. All statements in this press release other than statements
of historical fact are forward-looking statements and are subject to a number of
risks, uncertainties and assumptions that are difficult to predict, and are
based upon assumptions as to future events that may not prove accurate. These
factors include SeaBird`s reliance on a cyclical industry and the utilization of
the company’s vessels. Actual results may differ substantially from those
expected or projected in the forward-looking statements.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

For further queries contact:

Gunnar Jansen
CEO SeaBird Exploration
Phone: +47 9411 9191

Kilde

[TekBot]

SeaBird Exploration: Extraordinary General Meeting completed

9 January 2020, Limassol, Cyprus

The Extraordinary General Meeting (the “EGM”) of SeaBird Exploration PLC
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(“SeaBird”) is completed. All proposals on the agenda, as proposed by the board
of directors and set out in the notice of the meeting announced on 23 December
2019, were adopted with requisite majority.

After the EGM, SeaBird’s board of directors consists of Mr. Ståle Rodahl, Mr.
Nicholas Knag Nunn, Mr. Øyvind Dahl-Stamnes and Mr. Rolf Inge Jacobsen and
SeaBird’s nomination committee consists of Mr. Svein Øvrebø, Mr. Per Øyvind
Berge and Mr. Hans Christian Anderson.

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry. SeaBird
specializes in high quality operations within the high end of the source vessel
and 2D market, as well as in the shallow/deep water 2D/3D and 4D market. Main
focus for the company is proprietary seismic surveys (contract seismic). Main
success criteria for the company are an unrelenting focus on Quality, Health,
Safety and Environment (QHSE), combined with efficient collection of high
quality seismic data. All statements in this press release other than statements
of historical fact are forward-looking statements and are subject to a number of
risks, uncertainties and assumptions that are difficult to predict, and are
based upon assumptions as to future events that may not prove accurate. These
factors include SeaBird`s reliance on a cyclical industry and the utilization of
the company’s vessels. Actual results may differ substantially from those
expected or projected in the forward-looking statements.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

For further queries contact:

Ståle Rodahl

Executive Chairman

+47 4840 0593

Kilde

[Dressogslips]

Nå er det spennende her

[odin1]

Ser bra ut foreløpig
Kjøpte på siste bunn
Men hvor går veien videre ?

[Plumbo]

Må få litt mer volum inn her men jeg spår denne dobling i 2020, foreløpig risikabelt

[odin1]

I denne så har vel spådommene om dobling foreløpig resultert i flere halveringer …