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SeaBird Exploration Plc ( (DE:E36) ) has provided an update.
SeaBird Exploration Plc has announced a Letter of Intent to merge with Energy Drilling Pte Ltd, inviting stakeholders to a webcast to discuss the merger’s strategic rationale and expected benefits. This merger aims to enhance financial and operational performance, boost shareholder value, and outline the combined company’s long-term strategic goals, potentially strengthening SeaBird’s market position and operational capabilities.
More about SeaBird Exploration Plc
SeaBird Exploration Plc operates in the exploration industry, focusing primarily on the provision of seismic data services to the oil and gas sector. The company is known for its expertise in delivering high-quality ocean bottom seismic (OBS) services, catering to the needs of energy companies looking to explore and develop offshore oil and gas fields.
YTD Price Performance: 2.44%
Average Trading Volume: 1,987
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €41.62M
For detailed information about E36 stock, go to TipRanks’ Stock Analysis page.
