Dawson Geophysical Joins Russell 3000 Index
06 7월 2006 - 2:00AM
PR Newswire (US)
MIDLAND, Texas, July 5 /PRNewswire-FirstCall/ -- Dawson Geophysical
Company (NASDAQ:DWSN), a leading provider of onshore seismic data
acquisition, today announced it joined the Russell 3000 Index when
Russell Investment Group reconstituted its family of U.S. indexes
on June 30. In addition to the Russell 3000 Index, Dawson
Geophysical was also included in the Russell MicroCap Index,
another key gauge that today's institutional money managers use to
track and determine stock performance. Management Comments Stephen
Jumper, Chief Executive Officer and President of Dawson
Geophysical, said: "Inclusion in the Russell 3000 Index, one of the
foremost benchmarks for institutional investors, is a significant
achievement for our Company. This achievement is a reflection of
our growth in revenue, earnings, and the strength of our balance
sheet. We are proud of this recognition and excited about the
everyday challenge to exceed our past successes." About Dawson
Geophysical Dawson Geophysical Company is the leading provider of
U.S. onshore seismic data acquisition services as measured by the
number of active data acquisition crews. Founded in 1952, Dawson
acquires and processes 2-D, 3-D, and multi-component seismic data
solely for its clients, ranging from major oil and gas companies to
independent oil and gas operators as well as providers of
multi-client data libraries. Forward-Looking Statements In
accordance with the Safe Harbor provisions of the Private
Securities Litigation Reform Act of 1995, Dawson Geophysical
Company cautions that statements in this press release which are
forward-looking and which provide other than historical information
involve risks and uncertainties that may materially affect the
Company's actual results of operations. These risks include, but
are not limited to, dependence upon energy industry spending, the
volatility of oil and gas prices, weather interruptions, the
ability to obtain land access rights of way and the availability of
capital resources. A discussion of these and other factors,
including risks and uncertainties, is set forth in the Company's
Form 10-K for the fiscal year ended September 30, 2005. Dawson
Geophysical Company disclaims any intention or obligation to revise
any forward-looking statements, whether as a result of new
information, future events, or otherwise. DATASOURCE: Dawson
Geophysical Company CONTACT: Christina W. Hagan, Chief Financial
Officer of Dawson Geophysical Company, +1-800-332-9766 Web site:
http://www.dawson3d.com/
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