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    SeaBird Exploration appoints new CFO

    Company News // August 19, 2011

    SeaBird Exploration PLC has announced that Kai Solberg-Hansen has resigned as Chief Financial Officer (CFO) at the company.

    Erik Hansen has been appointed as the new CFO and will replace Mr Solberg-Hansen with immediate effect.

    He has extensive professional and leadership expertise from over 25 years in strategy, corporate finance and financial initiatives across a variety of industries.

    His most recent position was as CFO of Nera Industries AS. Previously he held senior executive positions with Den norske Bank, Bergen Bank and Sparebank1 SR Bank, as well as PricewaterhouseCoopers and Deloitte Consulting.

    Mr Solberg-Hansen will continue to assist SeaBird for a period of time to ensure a smooth transition.

    Tim Isden, the company's CEO, said: "We welcome Erik into the SeaBird Group during these challenging times and look forward to working together and finding solutions with him.

    "In addition, we would like to express our most sincere thanks to Kai, who has been with us through a prolonged and turbulent period during which his dedication and contribution is unquestionable. We wish him every success in the future."


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