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Gold/Mining/Energy : DWSN -- Dawson Scientific -- Ignore unavailable to you. Want to Upgrade?

To: crysball who wrote (15)	10/21/1997 8:51:00 PM
From: LAWREAL	Respond to of 36

Tuesday October 21 7:04 PM EDT Company Press Release Dawson Geophysical Company Files Registration Statement Relating to Proposed Public Offering MIDLAND, Texas, Oct. 21 /PRNewswire/ -- Dawson Geophysical Company (Nasdaq:DWSN) announced today that it has filed with the Securities and Exchange Commission a registration statement(A) relating to the proposed public offering of 1,500,000 shares of its common stock of which 1,000,000 shares are being issued and sold by the Company and 500,000 shares are being sold by L. Decker Dawson, President of the Company. The Company's common stock is presently traded on the Nasdaq National Market under the symbol ''DWSN''. The Company will grant the underwriters of the offering a 30-day option to purchase up to an additional 225,000 shares of common stock for the purpose of covering over-allotments, if any. The proceeds to be received by the Company will be used to reduce bank indebtedness, to acquire new equipment, to upgrade existing equipment and for general corporate purposes. Dawson Geophysical Company acquires and processes three-dimensional seismic data used in the exploration, development and field management of oil and natural gas reserves. The Company's six land-based three-dimensional seismic crews operate primarily in the southwestern United States, but have responded to demand from south Texas and North Dakota. Data processing is performed at the Company's computer center located in Midland, Texas. (A) A registration statement relating to the common stock has been filed with the Securities and Exchange Commission, but has not yet become effective. The offering of common stock will be made only by means of the prospectus included in such registration statement. The common stock may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the common stock in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. SOURCE Dawson Geophysical Company

To: crysball who wrote (15)	12/1/1997 2:01:00 PM
From: LAWREAL	Respond to of 36

Dawson Geophysical Co. (DWSN) 19 unch: Raymond James starts coverage of acquirer and processor of three-dimensional seismic data used in the exploration, development and field management of oil and natural gas reserves with a "buy" rating; firm was lead underwriter of IPO offering last month..... From: Briefing.com