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SeaBird Exploration Plc ( (DE:E36) ) just unveiled an announcement.
Energy Holdings announced that its subsidiary, Energy Drilling, has commenced operations with the EDrill-2 rig under a five-year contract with PTTEP in the Gulf of Thailand. This contract, valued at up to USD 250 million, marks a strategic milestone for Energy Holdings, enhancing earnings visibility and supporting shareholder distributions.
More about SeaBird Exploration Plc
SED Energy Holdings Plc is an industrial partner with a diversified portfolio of cash-generative assets. The company focuses on distributing excess liquidity to shareholders and pursuing disciplined growth. It operates with a robust revenue backlog and a conservative capital structure.
YTD Price Performance: 52.77%
Average Trading Volume: 361,696
Current Market Cap: NOK4.73B
Find detailed analytics on E36 stock on TipRanks’ Stock Analysis page.