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The Company acquires and processes 2-D, 3-D seismic and multi-component seismic data for its clients, ranging from major oil and gas companies to independent oil and gas operations as well as providers of multi-client data libraries.
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TMFMmbop (96.48) Submitted: 5/11/06 1:49 AM : Start Price: $29.54 DWSN Score: 96.34
Drilling activity around the world is up nearly 20% year-over-year. And according to Wayne Whitener, CEO of TGC Industries (a competitor to Dawson Geophysical), exploration and production are already drilling up everything they know about. This is where Dawson Geophysical and TCG Industries step in. Both provide crews for the acquisition of seismic data, helping E&P companies determine whether or not areas underground are conducive to the formation of hyrdocarbons and thus, worth drilling up. Dawson is the leader in this industry with the most crews, and after a recent announcement about partnering with Schlumberger (SLB), possible the best technology. The current energy demand will last at least another few years, and Dawson will be charging record dayrates and earning record revenues all the while. Market outperformance, thy name is small cap energy.
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SensibleGirl (75.73) Submitted: 10/02/06 3:20 AM
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Yes, I think one day it's going to be a question of when do we get out. Timing is everything.
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