SeaBird in urgent need of capital boost as black turns to red

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By Offshore Energy Today.. Norwegian marine seismic data provider SeaBird Exploration sank from a profit to a loss during the second quarter of the year amid weak seismic market demand. SeaBird is in urgent need of capital, otherwise it might be facing liquidation. During what the company says was a challenging quarter, SeaBird recorded a loss of $11 million compared to […]

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