SeaBird Exploration PLC (FRA:E36)
€ 0.38 0.0045 (1.2%) Market Cap: 33.05 Mil Enterprise Value: 45.96 Mil PE Ratio: 8.88 PB Ratio: 1.35 GF Score: 41/100
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Q2 2022 SeaBird Exploration PLC Earnings Call Transcript

Aug 31, 2022 / 08:00AM GMT
Release Date Price: €0.309039 (-6.15%)
Stale Roar Rodahl
SeaBird Exploration Plc - Executive Chairman

Good morning, everyone, and welcome to this Q2 Conference Call for Green Energy Group. My name is Stale Rodahl, I'm the Chairman of the company. I'm here or at different locations with Finn Atle Hamre, CEO; and Stale Monstad, CEO of Green Minerals. Agenda today, we're going to talk about the strategic review that we have had going for some time and we will have an operational update on the 2 businesses. First of all, it was a very busy summer as most of you know who follow us and I'm pleased to say that the company has been able to deliver on its strategy on several fronts. Most importantly in Green Minerals establishing an industrial framework through the agreement with Oil States Industries, establishing a world class consortium then around the company. Oil States will take a 4.3% ownership in Green Minerals with shares issued at NOK 15 per share. In seismic, as you know, we had a bid for the entire seismic business at $53 million. That was put on hold.

And since then, we've had a very busy period in the company and I'm very

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