Dawson geophysical announces asset purchase agreement with wilks brothers, llc

Midland, texas , march 24, 2023 /prnewswire/ -- dawson geophysical company (nasdaq: dwsn) (the "company" or "dawson") today announced that it has entered into an asset purchase agreement with wilks brothers, llc and breckenridge geophysical, llc ("breckenridge"), pursuant to which the company purchased substantially all of the breckenridge assets related to seismic data acquisition services other than its multi-client data library. the transaction is effective immediately and dawson extended offers of employment to relevant employees of breckenridge to continue supporting the acquired assets and business.
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