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    SBX acquires new vessel

    Vessel & ROV News // August 7, 2006

    SeaBird Exploration Limited has acquired the vessel Highland Patriot. A PSV built in 1982, the vessel will be converted to a Source/2-D seismic vessel.

    The total cost for the vessel, including upgrade and additional equipment, is expected to be up to US$26 million.

    The vessel is expected to be in full operation from early 2007 and is fixed to Petroleum Geo-Services for six months with two six month options.

     

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