SeaBird Exploration Plc has announced that the company has signed a contract for undershoot work in the North Sea during 2016.
The project is due to commence in 3Q16 and will run for approximately 3 weeks.
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. They provide proprietary seismic surveys (contract seismic).
These factors include SeaBird’s reliance on a cyclical industry and the utilisation 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.
Edited from press release by Angharad Lock
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/24022016/undershoot-in-the-north-sea-3q16-2568/