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SAExploration Awarded Two Deep-Water Projects in Brazil in the Campos Basin

SAExploratrion Holdings Inc. (“SAE”) announced that it has been awarded two deep-water projects in the Campos Basin, Brazil. One project is a monitor 4D and the second is an exploration 3D OBN project in Brazil´s Campos Basin. The project duration for the two programs is approximately 360 days

SAE will use the inApril A3000-150 Ocean bottom nodes on the projects. SAE recently acquired inApril, atransaction that is expected to bring technological benefits to SAE´s clients, especially on ocean bottom seismic project such as in the Brazil Campos Basin.

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Improving Services for Global Seismic Customers

SAExploration finalizes Acquisition of inApril AS – Improving services for global seismic customers

January 6, 2025 – HOUSTON, TX – SAExploration Holdings, Inc. (“SAExploration”) announced that it has completed the acquisition of Norway-based global seismic technology leader inApril AS (“inApril”).

“This acquisition is a milestone in global seismic technology. SAExploration is a natural home for inApril’s innovation and industry-leading technology,” said SAExploration CEO Forrest Burkholder. “We were drawn to inApril for the same reasons we use inApril technology for our own global projects. inApril shares our values of maintaining the highest standards of quality and customer commitment, prioritizing safety, efficiency, and sustainability.”

SAExploration Chairman Ken Tubman added, “The combination will lead to growth, innovation, and shared success, paving the way for broader applications in global markets. We will continue to create extraordinary opportunities for our clients, our employees, and our shareholders.”

inApril will operate as a separate business unit of SAExploration and will continue to provide its popular inApril products and technology in support of seismic operators around the world.

As part of the combination, former inApril Chairman Paal E. Johnsen has joined the SAExploration Board of Directors.

About SAE
SAE is an international oilfield services company offering a full range of vertically-integrated seismic data acquisition and support services in every part of the world. In addition to the acquisition of 2D, 3D, time-lapse 4D and multi-component seismic data on land, in transition zones and offshore in depths reaching 3,000 meters, SAE also provides logistical support services, such as program design, planning and permitting, camp services and infrastructure, surveying, drilling, environmental assessment and reclamation, and community relations. SAE operates crews around the world, performing major projects for its blue-chip customer base, including major IOCs, NOCs, and large independent oil and gas exploration companies. With its global headquarters in Houston, Texas, SAE supports its operations through a multi-national presence throughout the world. www.saexploration.com.


About inApril
inApril is an innovative seabed seismic equipment supplier, delivering ocean bottom nodes (OBN) and fully automated OBN back deck handling systems. inApril’s solutions offer a step change in the safe and
efficient operation of seabed seismic surveys by providing cost-effective technology options needed for exploring and developing the world’s hydrocarbon reserves. inApril is based in Norway, with offices in
Bergen, Trondheim and Oslo. www.inapril.com.


For more information, contact media@saexploration.com

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OBN: The way forward

inApril and SAExploration, together with Ocean Infinity, introduce a new approach to OBN surveys with lean-crewed vessels and advances in remote OBN operations, offering improved efficiency, safety, and a significant reduction in environmental impact.

EAGE First Break (November 2024) Special Topic is Marine Acquisition.

https://www.firstbreak.org

Feature Article:
·      “OBN for the energy transition era”.  PAGE 67 – 70.

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inApril AS Announces Agreement to Merge with SAExploration

Sept 11, 2024 – HOUSTON, TX – SAExploration Holdings, Inc. (“SAE”) and inApril AS
(“inApril”) announced today that they have entered into a Combination Agreement and intend to enter into a Definitive Merger Agreement by the end of the year.


“SAE is excited to provide support for inApril’s innovation and industry-leading development of safe, cost-effective, and automated seabed seismic technology,” said SAE CEO Forrest Burkholder. “We use inApril technology because it creates extraordinary opportunities for our clients.”


“Seismic technology, specifically ocean bottom node technology, is going through a generational change right now. The uplift in seismic data quality continues to have an extremely important and growing role in the geosciences – not just in carbon capture and storage or the development of hydrocarbons, but throughout the energy transition market globally. Seismic has never been safer, more efficient, or more sustainable,” said Bob Basili, CEO of inApril. “Joining with SAE will take inApril’s technology to the next level and will open doors for automation and reliability that will change the economics of seabed seismic exploration.”


The acquisition is subject to regulatory and shareholder approval, and is expected to close in Q4 2024.


About SAE
SAE is an international oilfield services company offering a full range of vertically-integrated seismic data acquisition and logistical support services throughout North America, South America, Asia Pacific, Africa and the Middle East. In addition to the acquisition of 2D, 3D, time-lapse 4D and multi-component seismic data on land, in transition zones and offshore in depths reaching 3,000 meters, SAE also provides in-house logistical support services, such as program design, planning and permitting, camp services and infrastructure, surveying, drilling, environmental assessment and reclamation, and community relations. SAE operates crews around the world, performing major projects for its blue-chip customer base, which includes major integrated oil companies, national oil companies and large independent oil and gas exploration companies. With its global headquarters in Houston, Texas, SAE supports its operations through a multi-national presence throughout the world. For more information, please visit SAE’s website at www.saexploration.com.


About inApril
inApril is an innovative seabed seismic equipment supplier, delivering ocean bottom nodes (OBN) and fully automated OBN back deck handling systems.
inApril´s solutions offer a step change in the safe and efficient operation of seabed seismic surveys by providing cost-effective technology options needed for exploring and developing the world’s hydrocarbon reserves. inApril is based in Norway, with offices in Bergen, Trondheim and Oslo. Please visit inApril´s website at www.inapril.com.

Press release here


Media Contacts
For SAE: media@saexploration.com
For inApril: Robert.basili@inapril.com

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inApril awarded OBN contract for q2 2024

We are pleased to announce our first OBN contract for the 2024 North Sea season with our newest A3000 nodes with 150 day battery life. More to come on this and other opportunities in the coming months.

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Completion of second North Sea Project

inApril is pleased to announce the successful completion of our second North Sea project of the season with a leading OBN operator.

Thanks to all involved and looking forward to the next.

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Kristian Røislien as new VP Operations

inApril is pleased to announce the appointment of Kristian Røislien as new Vice President of Operations.
Kristian is a seismic industry executive with strong operational, engineering and manufacturing experience. Kristian has a Master degree in Mechanical Engineering from NTNU, and over 15 years experience from Western Geco, Fugro, PGS, MagseisFairfield and TGS, latest as Director of Field Services.

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Completion of North Sea project

inApril is pleased to announce the successful completion of our first North Sea project of the season with a leading OBN operator. The nodes are currently being made ready for deployment on the next North Sea project scheduled to commence mid July for another major operator.

We are also completing the production of our new nodes and that increases our node inventory from 500 nodes to 3000 nodes ready for deployment.

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3,000 Node rental kit

We are pleased to offer the nodal kit to the market for summer 2023 availability. The nodal kit will include up to 3,000 nodes with an increased battery life of 150 days and an improved depth rating to 3600m.  The 20-foot automated charging and staging container offers parallel loading and unloading of nodes, optimizing operations and ensuring redundancy.  The kit is ideal for both ROV and Node-on-a-Rope operations.

We have also started the process to add 8,000 of our next generation A3000 nodes to our rental pool for 2024 availability.

“We are excited to have this kit available next summer as there seems to be growing interest from operators and E&P companies for additional capacity ” says inApril´s CEO, Anne Camerer.

Click here for more information on our OBN rentals

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Profocus lands Data Management contract

Profocus Systems, an inApril company, has started on the delivery of a Data Management System for a new customer developing a proprietary Ocean Bottom Node system. This is a further confirmation that Profocus´s emphasis as a specialist software engineering company for the high end marine seismic industry, continues to deliver value to their customers.

By offering node electronics, data management software and efficient handling solutions, inApril and Profocus offer a full range of technology options to companies looking to optimize nodal operations and development projects. This should strengthen our customers’ efforts and allow for further growth of the OBN market.

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