Forward-looking statements All statements contained in this presentation that are not statements of historical facts, including statements on projected operating results, financial position, business strategy and other plans and…
SeaBird at a glance Global provider of marine 2D and 3D seismic data for the oil and gas industry Market leader in core business segments Offices in Cyprus, Oslo, Dubai, Houston and Singapore 550 employees Uniquely positioned with…
Core business segments 2D acquisition 3D acquisition Source Multi-client Global market 4-8 streamer Natural fit with Optimize fleet leader market fleet composition utilization Largest fleet Smaller areas; Attractive market…
Well positioned fleet mix 2D vessels and source vessels 3D vessels Geo Pacific, 8 X 6000m Shallow water 3D vessels Kondor Explorer Harrier Explorer Aquila Explorer Voyager Explorer 4 X 8000m 4 X 6000m Munin Explorer…
Blue-chip client base History of operational excellence ensures blue-chip client base Leading HSSEQ systems prequalifies the company to work with most oil majors, which sets it apart from its competitors Major oil National…
Sales strategy The company is generally targeting to have a mix of long-term and short-term contracts We will generally look to have a portion of the fleet working on longer assignments Ensures a steady revenue stream Higher…
Multi-client strategy Optimize fleet utilization and capitalize on attractive investment opportunities Will generally look to partner with other industry participants Three projects to date in 2013; additional projects under…
Snspurv 2D multi-client survey 6,300 km 2D survey in the Barents Sea in partnership with Searcher Seismic Completed July 2013; processed data available to clients from Q4 2013 Well-tie survey linking geology from Barents Sea…
Namibia 2D multi-client survey 5,400 km 2D survey in Namibia in partnership with GeoPartners Completed July 2013; processed data available to clients from Q4 2013 Project is funded by existing operators New block partners…
Multi-client library Multi-client libraries with further sales potential Survey partners and country Number of km Year completed Searcher Seismic Australia 13,213 2009 / 2011 / 2012 TGS Indonesia 7,414 2009 / 2010 / 2011 1) MCG…
Market pricing and outlook 2D High end Strong day rates continued through (USD thousand) the second quarter 2013 120 120 110 110 110 110 100 Pricing remains firm 100 85 85 80 75 90 High level of tender activity in both 60 70…