28 April 2015, Limassol, Cyprus:
By reference to the forthcoming prospectus for listing of SBX04, enclosed herewith are the audited accounts for the issuer and guarantors thereof, except for SeaBird Exploration Plc whose accounts appear from the published annual report, being made up of the audited accounts for SeaBird Exploration Finance Ltd (2014), Aquila Explorer Inc. (2013 and 2012), Osprey Navigation Company Inc. (2013 and 2012), Sana Navigation Company Ltd. (2013 and 2012), Harrier Navigation Company Ltd. (2013 and 2012), Biliria Marine Company Ltd. (2013 and 2012), Hawk Navigation Company Ltd. (2013 and 2012), Munin Navigation Company Ltd. (2013 and 2012), Oreo Navigation Company Ltd. (2013 and 2012), SeaBird Exploration Multi-client Ltd. (2013), SeaBird Exploration Cyprus Ltd. (2013), SeaBird Exploration Asia Pacific PTE Ltd. (2013), SeaBird Exploration Shipping AS (2013) and Raven Navigation Company Ltd (2013 and 2012).
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 Health, Safety, Security, Environment and Quality (HSSEQ), 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:
CEO SeaBird Exploration
Phone: +47 90883737
CFO SeaBird Exploration
Phone: +971 4 427 1700