SeaBird (SBX) 1st Quarter 06 Earnings Release.

19 May, 2006. SeaBird Exploration Ltd. (SeaBird or SBX) will publish its Q1 2006 results before 09,00 Norwegian time on the morning of May 22, 2006.
 
A presentation will also be available in PDF format at both the SBX and Oslo Stock Exchange websites.
 
Chairman Tim Isden and CEO Dag Reynolds, will host a conference call on May 22 At 15,00 Norwegian time (9,00 AM New York time). A Q&A session will follow a short introduction, based upon the presentation issued in the morning.
 
Questions should be sent by Email to: magnus.tornling@abgsc.no The call will be opened up for telephone questions if time permits.
 
Dial in information:
Tel: +47 21 50 23 11
Host-id: 26155
Pin code: 6567
 
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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 2D, 3D and 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). SeaBird does not have a multi-client data library. 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. SeaBird operates a seismic fleet of 4 vessels with two additional vessels under conversion with expected completion during the first half of 2006
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.
 
For further queries contact
Dag Reynolds
CEO SeaBird Exploration Limited
Phone:(47)90883737