Norway's Green Energy Group is considering the disposal of a seismic survey ship after receiving interest from buyers.
The Oslo-listed former Seabird Exploration said "several" prospective purchasers are circling the 80-loa Petrel Explorer (built 2008).
"A mandate has been signed with an intermediary to ensure an efficient sales process," the company added.
The Petrel Explorer is one of Green Energy's four ships.
The former Boa Thalassa is listed as idle by UK shipbroker Clarksons.
The shipowner also retained Fearnley Securities as bookrunners for a private placement of stock, which aimed to raise between NOK 20m and NOK 30m ($3.4m).
The company managed to sell all 14m shares on offer for NOK 30m at NOK 2.25 each, against a closing price of NOK 2.27 on Monday.
The cash will go towards working capital requirements related to increasing activities within existing and new business segments, as well as towards general corporate purposes.
Certain existing shareholders and members of the board subscribed for shares totalling NOK 11m.
Strong interest
"The private placement attracted strong interest from both existing shareholders and new investors and was significantly oversubscribed," Green Energy said.
Executive chairman Stale Rodahl, through his wholly owned company Storfjell AS, was allocated 667,000 shares. He now owns 4% of the company.
A filing also revealed a 6.8% holding for Norwegian investor Per Oyvind Berge's Grunnfjellet AS after the share issue.
The board has launched a subsequent offering of up to 3.5m shares, raising another NOK 7.9m.
The owner had considered a number of cash-raising alternatives, but said the placement best protects the interests of the company and shareholders.
