09 November, 2009.  Cyprus:

SeaBird Exploration Limited ('SeaBird' or 'SBX') has been awarded a
2D contract for a survey off East Coast India for approximately
3,000 line kilometers with an option for the client to extend the
survey. The recently reactivated vessel Osprey Explorer will be
deployed for this survey commencing December 2009 following a
periodical survey in Singapore. This contract has a value including
mobilization and demobilization of about USD 2.4 million for the
firm portion. The Hawk Explorer recently redelivered from her term
charter with Fugro and presently undergoing a periodical survey in
Denmark, will substitute for the previously announced Gulf of
Mexico time charter contract intended for Osprey Explorer, thus
saving considerable mobilization costs and improving the net
earnings combined for these two vessels.

For further queries contact:

Tim Isden
CEO SeaBird Exploration
Phone: + 971 504 539075

Kai Solberg-Hansen
CFO SeaBird Exploration
Phone: + 47 920 51455

- - -
SeaBird Exploration Limited (BVI) `SeaBird` is a global provider of
marine 2D and 3D seismic data, solutions for seabed acquisition of
4C/4D multimode seismic, and associated products and services to
the oil and gas industry. SeaBird specializes in high quality
operations within the high end of the source vessel and 2D market,
as well as in the shallow water 2D/3D market. Main focus for the
company is proprietary seismic surveys (contract seismic). SeaBird
does not have a multi-client data library. Main success criteria
for the company are an unrelenting focus on Health, Safety,
Security, Environment and Quality (HSSEQ), combined with efficient
collection of high quality seismic data.

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 announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.