SAExploration and COMESA to jointly develop seismic projects in Mexico

SAExploration Holdings Inc. has signed a three-year strategic cooperation agreement with COMESA to jointly source, acquire, and process 2D and 3D seismic data.

Feb 18th, 2014

Offshore staff

HOUSTON– SAExploration Holdings Inc.(NASDAQ: SAEX, OTCBB: SAEXW)has signed a three-year strategic cooperation agreement with COMESA to jointly source, acquire, and process 2D and 3D seismic data. SAE and COMESA will source and conduct new transition-zone and shallow-water projects within Mexico, along with developing data-processing opportunities in South America.

Under the terms of the agreement, both companies will share expertise, resources, and technologies to pursue and fulfill new seismic projects in the region. All project awards earned through this partnership will be contracted separately from this agreement on a project-by-project basis.

02/18/2014

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