
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
Source: Seabird Exploration