SeaBird nets new Gulf of Guinea survey

February 5, 2014

SeaBird Exploration Plc, in partnership with Acorn Geophysical Ltd., plans to commence an additional 3D seismic acquisition project in the Gulf of Guinea.

The survey is an extension of the 3D project previously announced on 15 January 2014 for 1500sq km with US$4.8 million in pre-funding, this project began in mid-January and had an original projection durtion of 45 days. This additional acquisition program covers approximately 1100sq km and will also be acquired using the survey vessel M/V Geo Pacific. The vessel is designed to tow six 8000m solid sentinel streamers.

The expected project duration is 30 days. The additional project has been pre-funded with approximately US$3.2 million.



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