Green Energy Group (Seabird Exploration Plc): LOI FOR 2D PROGRAM EXTENSION

SeaBird Exploration has received a letter of intent for an extension of the ongoing 2D survey in the Asia Pacific region. The extension comes on the heels of strong productivity and is a direct continuation of the ongoing work and the extended scope is expected to be completed in the middle of Q1 2022, adding about 50pc to the original program. This further strengthens the back-log for SeaBird in 2022. The company sees other opportunities in the region after the current contract has been completed.

For further queries contact:

Gunnar Jansen
CEO
Mob: +47 941 19 191

All statements in this press release other than statements of historical fact are forward-looking statements and are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include SeaBird`s reliance on a cyclical industry and the utilization of the company's vessels. Actual results may differ substantially from those expected or projected in the forward-looking statements.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.