Seabird Exploration Plc: Third-Quarter Results 2024

Source: www.gulfoilandgas.com 11/13/2024, Location: Europe

Seabird Exploration Plc ("the Company") announces its results for the third quarter ending 30 September 2024.

Q3 HIGHLIGHTS AND SUBSEQUENT EVENTS:

* Revenues of USD 10.0m

* EBITDA of USD 4.4m

* Net interest-bearing debt was USD 10.7 million

* Utilisation rate of 98%

* Continued strong market outlook

* Cash distribution of NOK 0.40 per share proposed


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