SAExploration Holdings Inc buy DomRuinart

SAExploration Announces New Project in Greece

April 21, 2020 19:00 ET | Source: SAExploration Holdings, Inc. 

HOUSTON, April 21, 2020 (GLOBE NEWSWIRE) -- SAExploration Holdings, Inc. (“SAE”) (NASDAQ: SAEX, OTCQB: SXPLW) today announced the award of a new land seismic acquisition contract in Greece.  The project is valued at approximately $27 million and is expected to begin as soon as practical following the lifting of COVID-19 related travel restrictions in Greece.  The program is expected to take 90-120 days to complete once field operations have begun.  We are unable to predict when the COVID-19 related travel restrictions in Greece will be lifted or that other COVID-19 related restrictions will not be imposed, and when the project will commence.

Quelle: GlobeNewswire