 HOUSTON, Dec. 21, 2020 GLOBE NEWSWIRE -- SAExploration Holdings, Inc. SAE or the Company announced today that it has successfully completed its financial restructuring and emerged from Chapter 11 as a private, non-SEC reporting company. As a result of its plan of reorganization, which received broad support from its creditors, the Company has reduced its debt by approximately 74 million, net, thus positioning the Company for future growth. During the course of its restructuring, SAE continued to maintain global business as usual, preserving its strong relationships with its customers, vendors and employees for the Companys future. 