SAExploration: Q2-17 Earnings Call Transcript



SAExploration Holdings, Inc. (NASDAQ:SAEX)

Q2 2017 Earnings Conference Call

August 22, 2017 10:00 AM ET


Ryan Abney – VP Finance

Jeff Hastings – Chairman and CEO

Brent Whiteley – CFO and General Counsel


Glenn Tongue – Deer Haven Capital

Evan Templeton – Jefferies & Company

Ryan Abney

Thank you, Tatiya. Good morning, everyone. And thank you for joining us today. Our speakers today will be Jeff Hastings, Chairman and Chief Executive Officer of SAExploration; and Brent Whiteley, Chief Financial Officer and General Counsel of SAE. Also with us today is Brian Beatty, Chief Operating Officer of SAE.

Before we begin, I would like to remind everyone that some statements made during the course of today’s call maybe forward-looking within the meaning of the Federal Securities laws. These statements can be identified by the use of words or phrases such as beliefs, estimates, expects, intends, anticipates, projects, plans to, will, should and variations of these words or similar words. These forward-looking statements may include statements regarding SAE’s financial condition, results of operations and business, and SAE’s expectations or beliefs concerning future periods and are subject to risk and uncertainties which may cause actual results to differ materially.

These results and uncertainties include fluctuations in the levels of exploration and development activity in the oil and gas industry, intense industry competition, a limited number of customers, the need to manage rapid growth, delays, reductions or cancellations of service contracts, operational disruptions due to seasonality weather and other external factors, crude productivity, the availability of capital resources, high levels of indebtedness, substantial international business exposing SAE to currency fluctuations and global factors including economic, political and military uncertainties, the need to comply with diverse and complex laws and regulations, and other risk incorporated by reference to SAE’s filings with the Securities and Exchange Commission.

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