SeaBird Secures Significant Pre-funding for Increased Scope of the MC2D Survey in NW-Europe

Source: www.gulfoilandgas.com 10/12/2018, Location: Europe

With reference to the press release dated 9 July 2018, SeaBird Exploration and its partner MCG are pleased to announce that significant additional pre funding commitment from an oil major has been secured relating to the ongoing MC2D project in North West Europe. The pre-funding commitment is based on a revised scope increasing the survey from its initial 6,000 km to approximately 16,000 km.

Due to the planned increased survey scope and current inclement weather in the operative area, a decision has been made to suspend the survey for the 2018 season. The survey is expected to re-commence in the first half of 2019, provided further pre funding has been secured.

SeaBird is also pleased to announce that the company has awarded the contract for a proprietary 2D survey in North West Europe. The project is due to commence imminently and will have a duration of about two weeks with an estimated contract value of approximately US$ 1 million. SeaBird will be using the Harrier Explorer for the work.


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Related Categories: Aerial Survey  General  GIS Services  GPS Services  Land Survey  Marine Survey  Site Survey 

Related Articles: Aerial Survey  General  GIS Services  Land Survey  Marine Survey  Site Survey 


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