Announced
Financials
Tags
Pending
Acquisition
Majority
Private
United States
Environmental Consulting
seismic data
Domestic
Friendly
Single Bidder
Synopsis
Wilks Brothers-backed Dawson Geophysical, a provider of onshore seismic data acquisition services, agreed to acquire Breckenridge Geophysical, a seismic data acquisition company. Financial terms were not disclosed. "We are excited to welcome all the Breckenridge employees to the Dawson team. They bring with them needed years of operational experience at all levels as well as long-standing customer relationships. This transaction increases our channel and vibrator energy source capacity with the addition of like equipment allowing for improved operational efficiencies. The combination will provide flexibility in executing existing projects from both companies and provide meaningful operational and cost synergies," Stephen C. Jumper, Dawson Geophysical President and CEO.
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