Correction * SeaBird Exploration: update on strategy and financing
(WorldNews Norway)

Correction * SeaBird Exploration: update on strategy and financing Published February 18, 2020 - 08:10 AM 18 February 2020, Limassol, Cyprus In reference to the Strategy Update released on November 7th last year, Seabird Exploration Plc announces the following: The Company has entered into a MUSD 16 three-year secured credit facility with Sparebanken 1 SMN. The proceeds from the loan will be used to repay the SBX04 bond loan expiring in June, and to outfit the `Fulmar Explorer` for seismic operations. The outfitting project will commence in Q1 with an expected duration...