SeaBird Exploration Plc (”SeaBird” or ”the Company”) is a market-leading provider in the growing seismic service sector, operating with a lean, asset-light business model, utilizing two Ocean Bottom Node (“OBN”) vessels with a 99% utilization rate and a 24-month backlog including options. SeaBird’s revenue derives from collecting offshore seismic data of oil deposits through the OBN-system, a technique that now represents 40% of all offshore seismic data gathering, addressing the increased demand of data for Exploration and Production (“E&P”) companies. Recently, SeaBird announced a transformational merger with Energy Drilling, expanding into offshore drilling and strengthening cash flow stability with a 24-month dividend yield estimated at up to 50%. With strong market tailwinds in OBN and a diversified revenue base post-merger, SeaBird presents a compelling investment case in a structurally growing industry.