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Seabird Exploration announces fourth-quarter results 2024


10 Feb 2025

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Seabird Exploration has announced its results for the fourth quarter ending 31 December 2024.

Q4 HIGHLIGHTS AND SUBSEQUENT EVENTS:

  • Revenues of USD 10.2m
  • Adj. EBITDA of USD 4.6m
  • Net interest-bearing debt of USD 9.4 million
  • Utilisation rate of 99%
  • Continued strong market outlook
  • * Signed a LOI to merge with Energy Drilling

Original announcement link

Source: Seabird Exploration





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