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Seabird Exploration Bolsters Contract Backlog
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Seabird Exploration Bolsters Contract Backlog

SeaBird Exploration Plc (DE:E36) has released an update.

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Seabird Exploration Plc has announced an extension to the firm contract duration of ‘Eagle Explorer’ from 6 to 12 months, with additional options to extend by two further 6-month periods. The vessel is mobilizing for service with expectations to begin operations by the end of June. The company’s firm backlog has subsequently increased to 26 months, with potential extension up to 38 months, including options.

For further insights into DE:E36 stock, check out TipRanks’ Stock Analysis page.

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