Edition:
United Kingdom

SAExploration Holdings Inc (SAEX.OQ)

SAEX.OQ on NASDAQ Stock Exchange Capital Market

1.71USD
9:00pm BST
Change (% chg)

$0.06 (+3.96%)
Prev Close
$1.64
Open
$1.65
Day's High
$1.84
Day's Low
$1.65
Volume
80,141
Avg. Vol
48,188
52-wk High
$3.69
52-wk Low
$1.19

Latest Key Developments (Source: Significant Developments)

SAExploration Announces Upsize Of Credit Facility And Redemption Of Senior Notes
Monday, 9 Jul 2018 

July 9 (Reuters) - SAExploration Holdings Inc ::SAEXPLORATION ANNOUNCES UPSIZE OF CREDIT FACILITY AND REDEMPTION OF SENIOR NOTES.SAEXPLORATION HOLDINGS INC - ON JULY 5, 2018 IT AMENDED ITS EXISTING CREDIT AGREEMENT TO INCREASE LENDERS' MAXIMUM COMMITMENT TO $30 MILLION.SAEXPLORATION HOLDINGS INC - IN CONNECTION WITH AMENDMENT, SAE HAS DRAWN AN ADDITIONAL $10 MILLION IN BORROWINGS.SAEXPLORATION HOLDINGS- INTENTION TO REDEEM REMAINING $1.8 MILLION OUTSTANDING AMOUNT OF ORIGINAL $150 MILLION OF 10.00% SENIOR SECURED NOTES DUE 2019.  Full Article

SAExploration Q1 Loss Per Share $3.79
Tuesday, 15 May 2018 

May 15 (Reuters) - SAExploration Holdings Inc ::SAEXPLORATION ANNOUNCES FIRST QUARTER 2018 CONSOLIDATED FINANCIAL RESULTS.Q1 REVENUE FELL 56.9 PERCENT TO $37.1 MILLION.Q1 LOSS PER SHARE $3.79.AS OF MARCH 31, 2018, SAE'S BACKLOG WAS $35.3 MILLION.SAEXPLORATION HOLDINGS - SAE CURRENTLY EXPECTS TO SUBSTANTIALLY COMPLETE ALL OF PROJECTS IN BACKLOG ON MARCH 31, 2018 DURING REMAINDER OF 2018.  Full Article

Saexploration Extends Alaskan Joint Venture With Kuukpiks Through 2020
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Saexploration Holdings Inc ::SAEXPLORATION EXTENDS ALASKAN JOINT VENTURE WITH KUUKPIKS THROUGH 2020.SAEXPLORATION HOLDINGS INC - ENTERED INTO AN AGREEMENT TO EXTEND ITS JOINT VENTURE WITH KUUKPIK CORPORATION TO DECEMBER 31, 2020.  Full Article

SAExploration Receives About $15.7 Mln Additional Alaskan Tax Credit Certificates
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - SAExploration Holdings Inc ::SAEXPLORATION ANNOUNCES RECEIPT OF ADDITIONAL ALASKAN TAX CREDIT CERTIFICATES.SAEXPLORATION HOLDINGS SAYS RECEIVED ABOUT $15.7 MILLION OF ADDITIONAL TAX CREDIT CERTIFICATES FROM STATE OF ALASKA'S DEPARTMENT OF REVENUE.SAEXPLORATION - CURRENTLY EXPECTS TO RECEIVE REMAINING $29.9 MILLION OF TAX CREDIT CERTIFICATES STILL BEING PROCESSED BY STATE OF ALASKA DURING 2018.  Full Article

SAExploration Announces Entry Into Comprehensive Restructuring Support Agreement
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Saexploration Holdings Inc ::SAEXPLORATION ANNOUNCES ENTRY INTO COMPREHENSIVE RESTRUCTURING SUPPORT AGREEMENT.SAEXPLORATION HOLDINGS INC - IN CONNECTION WITH RESTRUCTURING, SAE HAS REACHED AGREEMENT IN PRINCIPLE TO INCREASE FACE AMOUNT OF REVOLVER TO $20 MILLION.SAEXPLORATION HOLDINGS INC - SAE EXPECTS THAT IT WILL HAVE ELIMINATED APPROXIMATELY $87 MILLION IN PRINCIPAL AMOUNT OF OUTSTANDING DEBT.SAEXPLORATION HOLDINGS INC - AS OF DECEMBER 15, 2017, SAE'S BACKLOG WAS APPROXIMATELY $49.7 MILLION.  Full Article

SAExploration announces third quarter financial results
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Saexploration Holdings Inc :Saexploration announces third quarter 2017 consolidated financial results.Q3 revenue fell 32 percent to $22.5 million.Q3 loss per share $1.46.SAExploration Holdings Inc - ‍as of September 30, 2017, SAE's backlog was $52.5 million​.  Full Article

SAExploration holdings files for offering of up to 3.1 mln shares of common stock
Tuesday, 30 Aug 2016 

SAExploration Holdings Inc : Files for offering of up to 3.1 million shares of common stock by selling stockholders - SEC filing Source: (http://bit.ly/2bYsd8q) Further company coverage: [SAEX.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Bluemountain Capital Management, LLC reports 25.8 pct stake in SAExploration Holdings
Monday, 8 Aug 2016 

Saexploration Holdings Inc : Bluemountain Capital Management, LLC reports 25.8 pct stake in SAExploration Holdings as of July 27, 2016 - SEC Filing Source - http://bit.ly/2aGnVUP Further company coverage: [SAEX.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Aristides Capital LLC reports of a 7.8 pct passive stake in SAExploration Holdings
Friday, 5 Aug 2016 

:Aristides Capital LLC reports a passive stake of 7.8 pct in SAExploration Holdings Inc as of July 27, 2016 - SEC Filing.  Full Article

Saexploration Q2 revenue drops 14.7 pct
Wednesday, 3 Aug 2016 

SAExploration Holdings Inc : SAExploration announces second quarter 2016 financial results . Q2 revenue fell 14.7 percent to $57 million . Q2 adjusted earnings per share $1.97 . SAExploration Holdings Inc says expects approximately 50% of projects in its backlog on June 30, 2016 to be completed during last six months of 2016 . Says contracted backlog of $86.5 million through 2017 and $383.4 million of bids outstanding at quarter-end .Says as of June 30, 2016, sae's backlog was $86.5 million.  Full Article

Construction planned to prepare Alaska's Arctic refuge for oil drilling

ANCHORAGE, Alaska, June 7 The Trump administration said on Thursday it would spend $4 million on construction projects in the Arctic National Wildlife Refuge in preparation for oil drilling in the nation's biggest wildlife park.