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Oslo, 20 September 2018 
 
Reference is made to the stock exchange announcement dated 17 September 2018 regarding the result of the subsequent offering (the "Subsequent Offering") where SeaBird Exploration Plc ("SeaBird" or the "Company") allocated 1,166,791 new VPS shares (the "Offer Shares").
 
The share capital increase pertaining to the Subsequent Offering has now been registered in the Cyprus Company Register and in the Norwegian Cental Securities Depository. The number of ordinary VPS shares in the Company is now 284,487,306 each with a nominal value of USD 0.01. 
 
The Offer Shares will be delivered to the investors and admitted to trading on 21 September 2018.
 
For further information, please contact:
 
Hans Petter Klohs
CEO SeaBird Exploration
Phone: +47 22 40 27 18
or
Nils Haugestad
CFO SeaBird Exploration
Phone: +47 22 40 27 17
  
About 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. 
 
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.