Gulf Oil and Gas accountACCOUNT

SeaBird Exploration announces sale of seismic data licence

Source: www.gulfoilandgas.com 3/11/2019, Location: South America

SeaBird Exploration has announced a license sale of seismic data over Rio Grande Rise in Brazil. SeaBird's share of the sale is approx. $0.8 million. The license sale relates to assets which previously have been written down to $0.2 million on the balance sheet. The company will therefore report a gain of $0.7 million in quarter one, related to this transaction.

SeaBird holds a number of assets with zero book value following impairment testing and write-downs in recent years. These assets comprise of both multi- client surveys as well as trade receivables. The company will continue working towards monetizing these assets going forward.

Seismic survey News in Brazil >>

Australia >>  4/11/2019 - Shearwater GeoServices Holding AS (Shearwater) is pleased to announce the award of a multi-project marine seismic 3D and 4D acquisition contract by Sh...
Australia >>  4/11/2019 - Shearwater GeoServices has announced the award of a multi-project marine seismic 3D and 4D acquisition contract by Shell International Exploration & P...

Gabon >>  4/10/2019 - Acquisition of CGG’s 9,800 km long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin has been completed. Fas...
Russia >>  4/10/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Sergey Gorkov, Director General, Chairman of the Board of R...

Zimbabwe >>  4/10/2019 - Invictus Energy Limited, is pleased to announce that it has received the final processed seismic data from the processing contractor for its Cabora Ba...
Norway >>  4/9/2019 - Shearwater GeoServices has announced the award of a contract for a Barents Sea seismic acquisition survey with full data processing by the Norwegian P...

Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


Brazil Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.