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Stockhouse.com: Dawson Geophysical revenues up 23%

Thu. July 31, 2008; Posted: 12:56 PM
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New York, Jul 31, 2008 (M2 PRESSWIRE via COMTEX) -- DWSN | Quote | Chart | News | PowerRating -- Stockhouse reports that Dawson Geophysical Company (Nasdaq: DWSN) today reported revenues of $84,568,000 for the quarter ending June 30, 2008, the Company's third fiscal quarter of 2008, compared to $68,637,000 for the same quarter in fiscal 2007, an increase of 23 percent.

For the full press release dated July 31, 2008 please visit

http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn%5Fnewsrelea ses%2Easp%3Fsymbol%3DDWSN%26newsid%3D6995492

Dawson produces subsurface seismic data which helps oil and gas companies find new reserves. The company is currently working projects in West Texas, South Texas, East Texas, and the Barnett Shale of the Ft. Worth Basin, the Fayetteville Shale in Arkansas, the Rocky Mountains, New Mexico, Oklahoma, Louisiana, California, and the Appalachian Basin. Demand for the Company's services continues at a high level. The Company's order book remains strong, reflecting commitments to operate at full capacity on all crews through the end of calendar 2008 and on a number of crews well into calendar 2009.

Companies such as DWSN, which aid in the development of new oil and gas resources, have been producing strong results as drillers broaden the search for new oil and gas reserves in the US.

Stockhouse provides investors with unique commentary and information on a variety of topics including resource companies.

To comment or join in on the conversation, sign up to become a Stockhouse member at http://www.stockhouse.com/General/MemberBenefits.aspx

For the original story with full disclosure policy please visit

http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn%5Fnewsrelea ses%2Easp%3Fsymbol%3DDWSN%26newsid%3D6996102

About Stockhouse

Stockhouse is a leading online financial portal owned and operated by Stockgroup Media Inc. Stockhouse is home to Bullboards message board - Canada's largest community of active investors. It provides financial news, tools and information that enable its investor community to uncover and share opportunities in the markets and collectively beat the street. Recognized for its engaged audience, Stockhouse provides a sought-after demographic for advertisers.

Legal notice regarding Trademarks "Stockgroup," "Stockhouse" and "Billboards" are registered trademarks or trademarks of Stockgroup Information Systems Inc. and/or its affiliated companies in Canada, the United States and/or other countries. Other names may be trademarks of their respective owners.

The TSX Venture Exchange and the OTCBB have not reviewed and do not accept responsibility for the adequacy or accuracy of this press release.

Comments made by Stockhouse community members contained in this press release may be edited for language, brevity or clarity.

To find out more about Stockhouse Inc. (OTCBB: STKH, TSX-V: SHC), visit our corporate website at www.stockgroup.com.

CONTACT: Bruce Nunn, Stockgroup Media Inc. (DBA Stockhouse) Tel: +1 604 331 0995 Tel: +1 800 650 1211 e-mail: Bruce.nunn@stockgroup.com WWW: http://www.stockgroup.com

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Dawson Geophysical Co (DWSN) click here. Dawson Geophysical Co (DWSN) has Short Term PowerRatings of 4. Details on Dawson Geophysical Co (DWSN) Short Term PowerRatings is available at This Link.

    


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