Porter Hedges Advises SAExploration on its Acquisition of inApril AS

Porter Hedges advised SAExploration Holdings, Inc. (“SAExploration”) on its acquisition of inApril AS (“inApril”), a Norway-based global seismic technology leader.

SAExploration, with its global headquarters in Houston, Texas, 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, SAExploration 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.

inApril, based in Norway, 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.

Porter Hedges served as U.S. co-counsel with Arntzen de Besche out of Oslo, Norway.

For additional details, see the SAExploration press release here.