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DAWSON GEOPHYSICAL CO Director's Dealing 2006

Sep 15, 2006

34520_dirs_2006-09-15_c529c897-d9e5-40fd-ade8-e364ad65ecd6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TGC INDUSTRIES INC (TGCI)
CIK: 0000799165
Period of Report: 2006-07-21

Reporting Person: BARRETT WILLIAM J (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-07-21 Common Stock G 1050 Disposed 1492016 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 132467 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrants (Series C2) $.95 2007-12-15 Common Stock (5460) 5460 Indirect
Stock Option (reload) $7.89 2010-10-10 Common Stock (1465) 1465 Direct

Footnotes

F1: The Reporting Person disclaims beneficial ownership of shares and warrants owned by spouse.

F2: Not applicable.

F3: Gift to a family member not living in Reporting Person's household.