Q3 2020 SeaBird Exploration PLC Earnings Call Transcript

Nov 06, 2020 / 07:00AM GMT
Ståle Rodahl - SeaBird Exploration Plc - Executive Chairman

Good morning, everyone, and welcome to SeaBird Exploration's Third Quarter Conference Call. My name is Ståle Rodahl, I'm the Chairman of the company. I'm here with our CEO, Gunnar Jansen; and our CFO, Erik von Krogh. And before I hand it over to Gunnar, I just want to make some initial remarks, before doing that again, just want to make everyone aware that the Q&A session will be at the end of the call. There is -- you can write questions in the chat on the call, and we will answer them at the end of the call them.

The quarter has very much been about COVID-19 and low oil prices still. So our main focus has been to safeguard our people and to safeguard our cash, as you can see it from the report today. We're happy to report no incidents, no corona-related incidents on our vessels. We continue to strong -- show strong operational performance. And I just want to highlight that all contracts written after November last year, has seen technical downtime in the low single digits. When it comes to the market, as you will

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