SeaBird Exploration PLC (LTS:0MO8)
kr 5.82 0 (0%) Market Cap: 461.93 Mil Enterprise Value: 583.46 Mil PE Ratio: 0 PB Ratio: 1.49 GF Score: 0/100
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Q3 2019 SeaBird Exploration PLC Earnings Call Transcript

Nov 07, 2019 / 07:00AM GMT
Release Date Price: kr12.8
StÃ;le Rodahl
SeaBird Exploration Plc - Chairman of the Board

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Right. Welcome, everyone, to SeaBird Exploration's third quarter conference call. My name is Ståle Rodahl. I'm the Chairman of the Board, and I joined the company a couple of months ago.

There are 2 observations that can be made when it comes to SeaBird that are strikingly obvious. One is that the company is very [steel] or should we say vessel heavy. The other one is that there are 3 bulkheads dividing the operations of the company. These bulkheads go along the following 3 lines. One is geographic, in the main that is between Oslo and Bergen; the other one is between source and streamer seismic; and the third one is between operations and sales.

And the Board has outlined a new strategy to deal with these issues. And we expect there to be a -- we expect to see an effect on the company's -- some of the company's key performance metrics as these changes are taking place over the next few months.

We're pleased to announce that Gunnar Jansen who take up the role as interim CEO a couple of weeks ago.

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