Author: Joshua Mann

The former CFO retired after more than a decade with the company.

The move comes about nine months after Key restructured its balance sheet out of court.

The layoff will affect 180 employees, the company said.

The confirmation clears the way for SAExploration to exit the court.

The company is looking to secure tax incentives from the local school district for the asset.

The company has already gotten tax incentives for the base project, and it’s looking to do the same for the expansion.

The company has failed to file its most recent quarterly financial report.

The company is trying to focus more on its core asset base in the Gulf of Mexico.

The company filed for bankruptcy on Dec. 7 with just under 2,000 employees remaining.

The activist is backed by the California State Teachers’ Retirement System pension fund.