SAExploration announces $74M of new project awards SAExploration Holdings announced a new project award for logistical support and seismic data acquisition services in Alaska and three new project awards for similar services in South America with an aggregate value of approximately $74M.SAE plans to initiate operations on the new project in Alaska during the first half of 2015. This new project award, together with the previously disclosed Alaska project award for 2015 announced by the company in the fourth quarter of 2013, means that SAE has already secured approximately $56M of Alaska projects for 2015. The new projects in South America will start in the third quarter of 2014 and will focus on acquiring 2D seismic data in dense jungle rainforest environments. The company will provide a full suite of in-house logistical services in advance of and throughout the life of these projects.
SAExploration apppoints Trisha Gerber as Chief Accounting Officer SAExploration announced the hire and appointment of Trisha M. Gerber as Chief Accounting Officer to serve in a senior executive capacity.