SeaBird Exploration has received notification of an award to acquire 2D seismic data in the Australasia region.
The survey is due to start during 4Q 2019 and is estimated to run for approximately three to four months plus mobilization, SeaBird said on Wednesday.
The company will be using the Nordic Explorer vessel for the work.
The Nordic Explorer has recently completed its niche 3D survey in West Africa, earlier than expected due to good operational performance.
As a result, the company expects to reverse approximately half of the $1.3 million loss provision taken in connection with this survey.