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Regulatory press release

Seabird Exploration Plc: Contract award for the "Eagle Explorer"

SED Energy Holdings
10.5.2023 07:30:02 CEST | Seabird Exploration Plc | Additional regulated
information required to be disclosed under the laws of a member state

Limassol, Cyprus - 10 May 2023 - Seabird Exploration Plc (the "Company") is
pleased to announce that it has signed an OBN source contract for the "Eagle
Explorer" in the Eastern hemisphere. The contract will commence in June 2023 in
direct continuation of completion of current 2D project. The duration of the
contract is expected to be around 2 months including mobilization.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements in article 19 of the
Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading
Act.

CONTACTS

* Finn Atle Hamre, CEO, Seabird Exploration Plc, +47 958 35 991,
finn.atle.hamre@sbexp.com

ABOUT SEABIRD EXPLORATION PLC

Seabird Exploration Plc and its subsidiaries ("SBX" or "the Company") is a
global provider of marine 2D seismic acquisition and source vessel services to
the Oil & Gas industry. SBX strive to maximize shareholder value through
relentless focus on Quality, Health, Safety and Environment (QHSE), innovation
and technical excellence in the efficient collection of high-quality seismic
data and dedication to delivering the highest possible client satisfaction. The
fleet consist of two vessels that are upgraded and outfitted with
state-of-the-art equipment, in addition the Company has available equipment to
outfit additional third party vessels. The Company is registered in Cyprus, with
branch office in Bergen (Norway). The SBX share is listed on the Oslo Børs
(ticker: SBX). For more information, please visit https://www.sbexp.com/.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848273/2340/3241/Download%20announcement
%20as%20PDF.pdf
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