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2016-10-17

SeaBird Exploration: 2D long offset in Belize

17 October 2016, Limassol, Cyprus

SeaBird Exploration is pleased to announce that the company will acquire a
long-offset survey in Belize, starting mid-October 2016. SeaBird will use the
Northern Explorer to acquire the survey and the anticipated duration of the
program is three to four weeks.

SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic
data, and associated products and services to the oil and gas industry.
SeaBird specialises in high quality operations within the high end of the
source vessel and 2D market, as well as in the shallow/deep water 2D/3D and
4D market. Main focus for the company is proprietary seismic surveys
(contract seismic). Main success criteria for the company are an unrelenting
focus on Health, Safety, Security, Environment and Quality (HSSEQ), combined
with efficient collection of high quality seismic data. All statements in
this press release other than statements of historical fact are
forward-looking statements and are subject to a number of risks,
uncertainties and assumptions that are difficult to predict, and are based
upon assumptions as to future events that may not prove accurate. These
factors include SeaBird`s reliance on a cyclical industry and the utilization
of the company's vessels. Actual results may differ substantially from those
expected or projected in the forward-looking statements.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

For further queries contact:

Christophe Debouvry
CEO SeaBird Exploration
Phone: +4722402705

or

Nils Haugestad
CFO SeaBird Exploration
Phone: +4722402717

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SeaBird Exploration Plc via Globenewswire

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