SAExploration Holdings, Inc. announced the appointment of Michael Faust as interim President of the Company with immediate effect. Additionally, as previously disclosed, Mr. Faust has assumed the role of Executive Chairman of the Board of Directors of SAExploration. Mr. Faust brings to SAE deep industry experience, combined with a working knowledge of operations, customers and employees. Prior to being appointed Executive Chairman of the Board, he was serving as the Lead Independent Director of the Board. Mr. Faust has served on the Board of Directors of Obsidian Energy Ltd., a Canadian-listed public company in the oil and natural gas industry, since April 2018, and is continuing in his roles of Director and interim President and CEO. Mr. Faust has served on the Board of Directors of Parker Drilling Company. Previously, Mr. Faust had a long career of increasing responsibilities with ExxonMobil and ConocoPhillips.