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2022-10-28 08:00:08
28.10.2022 08:00:01 CEST | Green Energy Group (Seabird Exploration Plc) |
Additional regulated information required to be disclosed under the laws of a
member state
Limassol, Cyprus - 28 October 2022 - Green Energy Group (Seabird Exploration
Plc) ("the Company") announced today results for the third quarter of 2022 which
ended 30 September 2022.
Q3 HIGHLIGHTS AND SUBSEQUENT EVENTS:
* Revenues of USD 2.8 million
* EBITDA of USD -0.6 million
* Utilisation of 27%
* Contracted EBITDA backlog of USD 18m
* Sale of the "Petrel Explorer" completed
* Private placement of gross USD 8.2 million in Green Energy Group
* Green Minerals signs MoU with world class consortium
* Major strategic advances give impetus to streamlining of the Group
* Green Minerals to be distributed to shareholders during Q4
* Green Energy Group becomes a pure-play seismic company and changes name to
SeaBird Exploration
* Market conditions are strong
Please find the full report and a presentation attached.
AUDIOCAST INFORMATION:
Date: 28 October 2022
Time: 10:00 CEST
A live audiocast will take place today at 10:00 CEST. There will be a Q&A
session at the end of the presentation, and written questions can be submitted
through the audiocast solution. To join the live audiocast, follow the link
below. Please note that a recorded version will be available shortly after the
presentation by using the same link.
https://teams.microsoft.com/l/meetup-join/19%3ameeting_Zjk2ZTgzYjgtZTYwMC00ODhjL
TliMWEtMmM0Yjk5MGI4OGJl%40thread.v2/0?context=%7B%22Tid%22%3A%2265f51067-7d65-4a
a9-b996-4cc43a0d7111%22%2C%22Oid%22%3A%22564fb45b-e0eb-4105-8cee-b6bcdb2a390c%22
%2C%22IsBroadcastMeeting%22%3Atrue%2C%22role%22%3A%22a%22%7D&btype=a&role=a
DISCLOSURE REGULATION
This information is subject to the disclosure requirements in article 19 of the
Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading
Act.
CONTACTS
* Finn Atle Hamre, CEO, Green Energy Group (Seabird Exploration Plc), +47 958
35 991, finn.atle.hamre@sbexp.com
* Sveinung Alvestad, CFO, Green Energy Group (Seabird Exploration Plc), +47 952
90 460, sveinung.alvestad@sbexp.com
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17848273/1840/2495/Download%20announcement
%20as%20PDF.pdf
2022 Q3 Report Green Energy Group.pdf -
https://kommunikasjon.ntb.no/ir-files/17848273/1840/2493/2022%20Q3%20Report%20Gr
een%20Energy%20Group.pdf
2022 Q3 Presentation Green Energy Group.pdf -
https://kommunikasjon.ntb.no/ir-files/17848273/1840/2494/2022%20Q3%20Presentatio
n%20Green%20Energy%20Group.pdf