Seabird Exploration Plc: Refinancing update

9.6.2023 08:36:43 CEST | Seabird Exploration Plc | Additional regulated information required to be disclosed under the laws of a member state

Limassol, Cyprus – 9 June 2023 – Seabird Exploration Plc (the “Company”) is pleased to announce that the Company and its main lender has signed a term sheet for the refinancing of the Company’s term loan and guarantee facilities. The new facilities expire on 30 June 2026.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements in article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Sveinung Alvestad, CFO, Seabird Exploration Plc, +47 952 90 460, sveinung.alvestad@sbexp.com

ABOUT SEABIRD EXPLORATION PLC

Seabird Exploration Plc and its subsidiaries (“SBX” or “the Company”) is a global provider of marine 2D seismic acquisition and source vessel services to the Oil & Gas industry. SBX strive to maximize shareholder value through relentless focus on Quality, Health, Safety and Environment (QHSE), innovation and technical excellence in the efficient collection of high-quality seismic data and dedication to delivering the highest possible client satisfaction. The fleet consist of two vessels that are upgraded and outfitted with state-of-the-art equipment, in addition the Company has available equipment to outfit additional third party vessels. The Company is registered in Cyprus, with branch office in Bergen (Norway). The SBX share is listed on the Oslo Børs (ticker: SBX). For more information, please visit https://www.sbexp.com/.

ATTACHMENTS

Download announcement as PDF.pdf – https://kommunikasjon.ntb.no/ir-files/17848273/2424/3365/Download%20announcement %20as%20PDF.pdf

  592868_Download announcement as PDF.pdf