SeaBird Exploration Plc: Northern Explorer to leave Mexico survey

7 December 2015, Limassol, Cyprus

SeaBird Exploration Plc ("SeaBird") is pleased to announce that Northern Explorer has been commissioned for work in the greater Caribbean area   and will leave the TGS Gigante survey in the beginning of January 2016 for an estimated six to eight weeks. Phase one of the survey forms part of a larger survey which was announced 12 December 2014. The survey will cover a minimum of 4,000 km and up to 45,000 km

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:
Dag Reynolds
CEO SeaBird Exploration
Phone: [phone]

Nils Haugestad
CFO SeaBird Exploration
Phone: [phone]

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Source: SeaBird Exploration Plc via Globenewswire

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