Tuesday 30 July 2019

Reference is made to previous stock exchange notices of 11 April 2019, 12 April 2019, 29 April 2019, 24 May 2019 and 13 June 2019 regarding the acquisition by SeaBird Exploration Plc of BOA Thalassa and BOA Galatea.

The acquisition of BOA Thalassa was completed on 13 June 2019. The Company has on 25 July 2019 completed the acquisition of BOA Galatea. 23,055,372 new shares of the Company has been issued as part consideration for the vessel.

Following issue of the new consideration shares, the Company has 538,931,387 shares outstanding, each of par value USD 0.01.