Seabird Exploration Extends Eagle Explorer Contract

An update from SeaBird Exploration Plc ( (DE:E36) ) is now available.

Seabird Exploration Plc has announced an extension of the contract for its vessel, the Eagle Explorer, with a repeat client. The contract, originally set to end in June 2025, will now extend by an additional 50 to 90 days. This extension highlights the company’s strong client relationships and its continued operational success in the marine seismic acquisition sector.

More about SeaBird Exploration Plc

Seabird Exploration Plc is a global provider specializing in marine 2D seismic acquisition and source vessel services for the Oil & Gas industry. The company focuses on delivering high-quality seismic data through a commitment to Quality, Health, Safety, and Environment (QHSE), innovation, and technical excellence. With a fleet of two state-of-the-art vessels and additional equipment for third-party vessels, Seabird Exploration is registered in Cyprus and has a branch office in Bergen, Norway. Its shares are listed on the Oslo Børs under the ticker SBX.

YTD Price Performance: 9.74%

Average Trading Volume: 127,961

Current Market Cap: NOK486M

For an in-depth examination of E36 stock, go to TipRanks’ Stock Analysis page.