Dawson Geophysical Company · NASDAQ:DWSN
Dawson Geophysical — SPAC Merger (October 2014)
12 slides from Dawson Geophysical's SPAC merger presentation, Oct 9, 2014
Slide 1: Dawson Geophysical TGC Industries Business Combination
DAWSON GEOPHYSICAL TGC INDUSTRIES BUSINESS COMBINATION OCTOBER 9, 2014
Slide 2: Forward Looking Statements
Forward Looking Statements Statements in this presentation that relate to forecasts, estimates or other expectations regarding future events, including without limitation, statements regarding the pending transaction, technological advancements and the companies’ financial position, business strateg
Slide 3: Additional Important Information
Additional Important Information Important Information For Investors and Shareholders This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. The transactions contemplated by the merger agreement, includi
Slide 4: Principal Terms
Principal Terms Combined Company to Retain the Dawson Geophysical Name and Trading Symbol: DWSN Current Dawson and TGC Shareholders , respectively, will own approximately 66% and 34% of the combined company. Continue Dawson and Eagle Canada as operating entities Structured as a tax-free stock-for-st
Slide 5: New Dawson Management & Board of Directors
New Dawson Management & Board of Directors Executive Management Team Stephen Jumper – Chairman, CEO and President Wayne Whitener – Vice-Chairman and Officer Dawson to Designate Four Additional Board Members Craig Cooper Gary Hoover Ted North Mark Vander Ploeg TGC to Designate Two Additional Board Me
Slide 6: Terms of the Transaction
Terms of the Transaction Structured as a tax-free stock-for-stock transaction Dawson will merge into a wholly-owned subsidiary of TGC and Dawson shareholders will receive shares of TGC common stock TGC will effect a 1-for-3 reverse stock split, which will reduce the number of outstanding TGC common
Slide 7: What We Like About the new Dawson
What We Like About the new Dawson Expanded Geographic Presence Every major basin in the US Eagle Canada provides strong Canadian presence Combined Equipment Base Increases utilization Lowers cost Drives value for clients, shareholders and employees Combined Order Book Strength Improves utilization r
Slide 8: Our Philosophy
Our Philosophy Staying the Course Full-service provider of data acquisition and data processing services First-Class Health, Safety & Environmental program Continued commitment to superior land survey and permitting services, improved IT support, expanded repair capabilities, trucking services, data
Slide 9: Investment Highlights
Investment Highlights Expanded geographical presence Positioned to better serve clients through regional deployments Strengthened balance sheet Enhances operational and financial flexibility Enables company to respond more quickly to client needs & market conditions Compatible equipment bases increa
Slide 10: The New Dawson Geophysical
The New Dawson Geophysical Experienced management team with more than 100 years combined experience Expanded equipment base and improved logistics designed to increase utilization and lower costs Combined client base and order book to relieve pressure on utilization rates Increased level of internal
Slide 11: Dawson Geophysical Company: Seismic Leadership
Dawson Geophysical Company A Leading North American Land Seismic Data Acquisition and Processing Company SEISMIC LEADERSHIP
Slide 12: 12 NASDAQ: DWSN Nasdaq: DWSN Nasdaq: TGE
12 NASDAQ: DWSN Nasdaq: DWSN Nasdaq: TGE