PLANO, Texas, March 5 /PRNewswire-FirstCall/ -- TGC Industries, Inc. (AMEX:TGE) today announced that it will purchase an additional 4,000 channels of ARAM ARIES seismic recording equipment to be delivered in April 2007. Driven by customer demand, these additional recording channels will be used to increase the capacity of the Company's eight seismic crews currently operating in the field, bringing the available recording channels to a total of 36,000.
Wayne Whitener, President and CEO of TGC Industries, stated, "Based on solid demand from our clients and our goal to maintain optimal crew productivity, we are adding more channels, which will be used to enhance the capacity of our crews in the field." TGC Industries, Inc., based in Plano, Texas, with branch offices in Houston and Oklahoma City, is one of the leading providers of seismic data acquisition services throughout the continental United States.
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements are based on our current expectations and projections about future events. All statements other than statements of historical fact included in this press release regarding the Company are forward looking statements. There can be no assurance that those expectations and projections will prove to be correct.
CONTACTS: Wayne Whitener
Chief Executive Officer
TGC Industries
(972) 881-1099 Jack Lascar, Partner
Karen Roan, SVP
DRG&E (713) 529-6600
DATASOURCE: TGC Industries, Inc.
CONTACT: Wayne Whitener, Chief Executive Officer of TGC Industries, Inc., +1-972-881-1099; or Jack Lascar, Partner, or Karen Roan, SVP, both of DRG&E, +1-713-529-6600, for TGC Industries, Inc. |