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May 16, 2007. British Virgin Islands/Dubai: The Annual General Meeting of SeaBird Exploration Limited ('SeaBird") is completed. All proposals on the agenda were adopted.
The Annual General Meeting (AGM) of SeaBird Exploration Limited has approved the financial statements and annual report 2006.
The AGM has elected Mr. Frans Malmros, Mr. Kjell Mathiassen and Mrs. Bergthora K. Ketilsdottir as Directors for a two year term.  Following this the Board of Directors constitutes; Mr. Tim Isden, Chairman, Mr. Jan Eyvind Fondal, Mr. Anders Færden, Mrs. Bergthora Ketilsdottir, Mr. Frans Malmros and Mr. Kjell Mathiassen.  
The AGM has elected Mr. Carl Gustav Zickerman, Mr. Kjell Mathiassen and Mr. Thomas Aanmoen  to serve as Nomination Committee.
For further queries contact:
Dag Reynolds
CEO SeaBird Exploration Limited
Phone:+47 90883737
Geir Olsen
CFO SeaBird Exploration Limited
Phone +47 916 39 367
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SeaBird Exploration Limited (BVI) `SeaBird` is a global provider of marine 2D and 3D seismic data, solutions for seabed acquisition of 4C/4D multimode seismic, 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 water 2D/3D 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.