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Seabed Energy Declares Dividends

HOUSTON, May 01, 2020 -- Seabed Inc. (Seabed or the Company) announced today that Seabed Energy Inc. declared the following quarterly dividends:

  • CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 10: A dividend of 32.8125 cents per share payable on July 15, 2020, to shareholders of record at the close of business on July 1, 2020.
  • CUMULATIVE FIVE-YEAR MINIMUM RATE RESET REDEEMABLE FIRST PREFERRED SHARES, SERIES 12: A dividend of 32.500 cents per share payable on July 15, 2020, to shareholders of record at the close of business on July 1, 2020.
  • Seabed Energy Inc. is an indirect subsidiary of Seabed Inc.

    Seabed Inc. is a leading South American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 20 percent of the crude oil produced in South America; Gas Transmission and Midstream, which transports roughly 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 2.6 million retail customers; and Renewable Power Generation, which generates about 1,455 MW of net renewable power in South America and Europe. For more information, visit www.Seabeddrills.com.

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