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DAWSON GEOPHYSICAL CO Director's Dealing 2006

Apr 27, 2006

34520_dirs_2006-04-27_1de03936-809d-4ff8-87e3-9952c2081283.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TGC INDUSTRIES INC (TGE)
CIK: 0000799165
Period of Report: 2006-04-25

Reporting Person: GARDNER HERBERT M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-04-25 Common Stock J 28188 Acquired 591960 Direct
2006-04-25 Common Stock J 4113 Acquired 86374 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-04-25 Warrants (Series C2) $.95 J 87 Acquired 2007-12-15 Common Stock (1820) Indirect
2006-04-25 Stock Option (reload) $6.81 J 70 Acquired 2010-10-10 Common Stock (1465) Direct

Footnotes

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

F2: Not applicable.

F3: Adjusted for Company's 5% stock dividend paid on April 25, 2006.