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December 27, 2012
16:37 EDTDWSN, GEOSDawson Geophysical to purchase additional GSX equipment
Dawson Geophysical (DWSN) announced that it has placed an order for 12,000 channels of the Geospace (GEOS) single-channel GSX cable-less recording equipment. The 12,000 channels will replace an RSR recording system on one of the company's existing data acquisition crews. The Company expects to complete the purchase and take delivery by December 31, 2012, the end of its first quarter of fiscal 2013. Upon delivery the Company will own in excess of 73,000 channels of GSR and GSX equipment and 179,000 channels total.
News For DWSN;GEOS From The Last 14 Days
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March 2, 2015
08:34 EDTDWSNDawson Geophysical determines it will not pay dividend for foreseeable future
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08:33 EDTDWSNDawson Geophysical says market conditions in North America remain challenging
Dawson Geophysical said market conditions for seismic data acquisition services in North America remain challenging, and demand is anticipated to remain at reduced levels throughout 2015. Results for the quarter ending March 31, 2015 will be negatively impacted by reduced demand and utilization rates, adverse weather conditions in many areas of operation, and business combination transaction and related initial integration costs. In the United States, Dawson anticipates operating twelve to sixteen seismic data acquisition crews through the early part of the second quarter of 2015 and eight to ten seismic data acquisition crews during the balance of the second quarter. In Canada, Dawson anticipates operating three to four seismic data acquisition crews through the end of the first quarter of 2015 with limited activities thereafter.

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