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SAExploration Holdings Inc (SAEX.OQ)

SAEX.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Saexploration Announces Letter Of Award For $100 Million Marine Project In South Asia
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - SAExploration Holdings Inc ::SAEXPLORATION ANNOUNCES LETTER OF AWARD FOR $100 MILLION MARINE PROJECT IN SOUTH ASIA.SAEXPLORATION HOLDINGS - PROJECT IS EXPECTED TO COMMENCE LATE IN Q4 OF 2018 AND IS EXPECTED TO CONCLUDE IN Q2 OF 2019.  Full Article

Bluemountain Capital Management Llc Reports 9.9 Pct Stake In Saexploration Holdings
Friday, 14 Sep 2018 

Sept 14 (Reuters) - SAExploration Holdings Inc ::BLUEMOUNTAIN CAPITAL MANAGEMENT LLC REPORTS A 9.9 PCT STAKE IN SAEXPLORATION HOLDINGS AS OF SEPT. 6 - SEC FILING.BLUEMOUNTAIN CAPITAL MANAGEMENT LLC PREVIOUSLY REPORTED A 16.2 PERCENT STAKE IN SAEXPLORATION HOLDINGS AS OF MARCH 6.  Full Article

Saexploration Announces Proposed Private Offering Of $50 Million Convertible Secured Notes
Thursday, 26 Jul 2018 

SAExploration Holdings Inc ::SAEXPLORATION ANNOUNCES PROPOSED PRIVATE OFFERING OF $50 MILLION CONVERTIBLE SECURED NOTES.SAEXPLORATION HOLDINGS INC - INTENDS TO OFFER $50 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.0% CONVERTIBLE SECURED NOTES DUE 2023 IN A PRIVATE OFFERING.  Full Article

SAExploration Announces Entry Of Sale Order And Agreement For Bridge Financing To Fund Geokinetics Asset Acquisition
Friday, 20 Jul 2018 

July 20 (Reuters) - SAExploration Holdings Inc ::SAEXPLORATION ANNOUNCES ENTRY OF SALE ORDER AND AGREEMENT FOR BRIDGE FINANCING TO FUND GEOKINETICS ASSET ACQUISITION.SAEXPLORATION - INTENDS TO USE NEW BORROWINGS TO FINANCE PURCHASE PRICE OF ACQUISITION OF GEOK'S ASSETS AND TO PAY RELATED TRANSACTION COSTS.SAEXPLORATION HOLDINGS - DEAL IN PRINCIPAL WITH SOME OF EXISTING LENDERS TO FUND $25 MILLION IN OF BORROWINGS.SAEXPLORATION - U.S. BANKRUPTCY COURT ENTERED AN ORDER APPROVING AGREEMENT BETWEEN UNIT AND GEOKINETICS.  Full Article

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

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.