Dawson Orders Geospace GSX System

HOUSTON /BUSINESS WIRE/ -- Geospace Technologies Corp. announced the receipt of an order from Dawson Geophysical for 9,000 stations of its three-channel GSX wireless recording system. The order includes sensors, batteries, trailers and accompanying system electronics. Delivery of the $18.1 million order is expected to occur in the company's first quarter ending December 31, 2013.

About Geospace
Geospace Technologies Corp. designs and manufactures instruments and equipment used by the oil and gas industry to acquire seismic data to locate, characterize, and monitor hydrocarbon producing reservoirs. The company also designs and manufactures nonseismic products, including industrial products, offshore cables, thermal printing equipment, and film.

Suggested Articles

Impact of WFH will be short-lived for purchases of PCs and tablets, IDC analyst believes

Critics also bemoan recent FAA decision to allow Boeing to re-certify 737 MAX

Long term outlook for 2020 is regarded as unpredictable and one analyst says a slowdown is likely