SAEX Profile
SAExploration Holdings, Inc. (SAEX) is a geophysical services company that provides seismic data acquisition, logistical support, and data processing services to the oil and gas industry. The company was founded in 1999 and is headquartered in Houston, Texas.
SAExploration Holdings operates in the seismic data industry, which is essential for the exploration and production of oil and gas. The company has provided services for some of the largest energy companies in the world, including BP, Chevron, and Shell. Its services include planning and executing seismic data acquisition, logistical support, and data processing.
In recent years, SAExploration Holdings has experienced financial difficulties, including a Chapter 11 bankruptcy filing in August 2020. The company has been working to restructure its debt and operations, and it recently announced that it has successfully emerged from Chapter 11 bankruptcy as a private company.
Despite these challenges, SAExploration Holdings remains a major player in the seismic data industry, and it continues to provide critical services to the oil and gas industry. The company's success will depend on its ability to navigate the ongoing volatility of the energy sector and the broader economy.
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