SAExploration Holdings, Inc. announced that the Company has been awarded seismic data acquisition contracts totaling $62.6 million for new projects in South America during the last week.
Brian Beatty, President and CEO of SAE, commented, “These new contracts demonstrate the continued strength of the oil & gas exploration market in South America. These projects are expected to commence in the third quarter of 2013 and extend into the fourth quarter of 2013. SAE has a long-standing reputation for operating in these logistically complex and challenging areas. We have an industry leading quality, health, safety and environmental record and combined with our expertise in equipment transportation, lodging and community relations, we truly feel that our customers will receive an environmentally sustainable and culturally sensitive groundwork for years of oil and gas exploration.”
