Green Energy Group (Seabird Exploration Plc): Notice of Termination
10 Diciembre 2021 - 12:19PM
Green Energy Group (Seabird Exploration Plc): Notice of Termination
In reference to the October 10th 2021 press release, SeaBird
Exploration, a subsidiary of Green Energy Group, has received
notice of termination regarding work for the Fulmar Explorer.
SeaBird has not accepted the termination. The two parties are
currently in discussions with the aim of finding a solution.
The Fulmar Explorer is currently in Galveston, Texas and has
against this contract been outfitted as a high-end OBN source
vessel. The vessel represents the future generation of source
vessels with DP2 redundant power and propulsion system, nine gun
string capability, high volume triple source capability and
redundancy. The configuration of power plant and propulsion renders
a highly fuel efficient and manoeuvrable vessel. The vessel is
ready to mobilize for operations on short notice.
For further queries contact:
Erik von KroghCEO Mob: +47 930 38 075
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.
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