351231--12/7/2007--DAWSON_GEOPHYSICAL

related topics

{product, market, service}

{acquisition, growth, future}

{customer, product, revenue}

{personnel, key, retain}

{condition, economic, financial}

{cost, operation, labor}

{system, service, information}

{operation, natural, condition}

The high fixed costs of our operations could adversely affect our results of operations. Our revenues are subject to fluctuations that are beyond our control which could adversely affect our results of operations in any financial period. Our operations are subject to weather conditions which could adversely affect our results of operations. Our operations are subject to delays related to obtaining land access rights of way from third parties which could affect our results of operations. We face intense competition in our business that could result in downward pricing pressure and the loss of market share. If we do not manage our recent growth effectively, our results of operations could be affected. We may be unable to attract and retain skilled and technically knowledgeable employees which could adversely affect our business and our growth. A limited number of customers account for a significant portion of our revenues, and the loss of one of these customers could harm our results of operations. Capital requirements for our operations are large. If we are unable to finance these requirements, our ability to continue our expansion and maintain our profitability could be affected. Technological change in our business creates risks of technological obsolescence and requirements for future capital expenditures. If we are unable to keep up with these technological advances, we may not be able to compete effectively.

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351231--12/7/2007--DAWSON_GEOPHYSICAL_CO