-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BTiscKC1IzDw3wDkKODPkG/GigHCnFl/O3cJsruDPBDVIn5VeZXXyWZSsQwFJEqG xC9pM6j9RPASuRXXVbbZ3Q== 0001104659-05-030411.txt : 20050629 0001104659-05-030411.hdr.sgml : 20050629 20050629144439 ACCESSION NUMBER: 0001104659-05-030411 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050627 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050629 DATE AS OF CHANGE: 20050629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TGC INDUSTRIES INC CENTRAL INDEX KEY: 0000799165 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 742095844 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32472 FILM NUMBER: 05924103 BUSINESS ADDRESS: STREET 1: 1304 SUMMIT AVE STE 2 CITY: PLANO STATE: TX ZIP: 75074 BUSINESS PHONE: 9728811099 MAIL ADDRESS: STREET 1: 1304 SUMMIT AVE STREET 2: STE 2 CITY: PLANO STATE: TX ZIP: 75074 8-K 1 a05-11525_18k.htm 8-K

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):

June 27, 2005

 

 

TGC INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

 

 

Texas

 

0-14908

 

74-2095844

(State of incorporation)

 

(Commission File No.)

 

(IRS Employer Identification No.)

 

1304 Summit Ave., Ste 2

Plano, TX  75074

(Address of principal executive offices) (Zip Code)

 

 

Registrant’s telephone number, including area code:  (972) 881-1099

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

        o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

        o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

        o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

        o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 8 — Other  Events

 

Item 8.01  Other Events.

 

On June 27, 2005, TGC Industries, Inc.  (“TGC” or the “Company”) issued a press release announcing the deployment of a fourth seismic crew resulting from the continuing increase in demand for its oil and gas exploration 3-D seismic services.   A copy of this press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

Section 9 — Financial Statements and Exhibits

 

Item 9.01  Financial Statements and Exhibits.

 

                (c)           Exhibits.

 

                                The following exhibits are furnished with this Form 8-K:

 

                                99.1         Press release of the Company dated June 27, 2005.

 

 

 

SIGNATURES

 

                Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

TGC INDUSTRIES, INC.

 

 

 

 

Date: June 28, 2005

By:

/s/ Wayne A. Whitener

 

 

 

Wayne A. Whitener

 

 

President and CEO

 

 

 

 

 

(Signing on behalf of the Registrant and as Principal Executive Officer)

 

2



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press release of the Company dated June 27, 2005.

 

3


EX-99.1 2 a05-11525_1ex99d1.htm EX-99.1

Exhibit 99.1

 

NEWS RELEASE

 

CONTACTS:

 

Wayne Whitener

 

 

 

 

 

 

 

 

 

Chief Executive Officer

 

 

 

 

TGC Industries (972) 881-1099

 

 

 

 

 

 

 

 

 

Jack Lascar, Partner

FOR IMMEDIATE RELEASE

 

 

 

Karen Roan, SVP

 

 

 

 

DRG&E (713) 529-6600

 

 

 

TGC Industries Announces Deployment

Of Fourth Seismic Crew

 

PLANO, Texas - Monday, June 27, 2005 - TGC Industries, Inc. (AMEX: TGE) announced today that, as a result of an increase in demand for the Company’s oil and gas exploration 3-D seismic services, the Company has secured a sufficient number of additional contracts to deploy a fourth seismic crew. The new seismic crew is expected to be operational during the month of July.

 

Wayne Whitener, President and CEO of TGC Industries, stated:  “Oil and gas companies are experiencing an increased level of activity in their domestic oil and gas exploration programs.”  Consequently, demand for domestic 3-D seismic crews is increasing, and the purchase of the new ARAM ARIES system should enable the Company to meet the growing needs of its clients.

 

Though there can be no assurance, should this increased level of activity in the industry continue during the remainder of 2005, management believes that the Company will be able to operate at the four-crew level through at least the remainder of 2005.  The preceding sentence contains a “forward-looking statement” (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) which reflects the view of Company’s management with respect to future events.  Although management believes that the expectations reflected in such forward-looking statement are reasonable, it can give no assurance that expectations will prove to have been correct.  Important factors that could cause actual results to differ materially from such expectations are disclosed in the Company’s Securities and Exchange Commission filings, and include, but are not limited to, the dependence upon energy industry spending for seismic services, the unpredictable nature of forecasting weather, the potential for contract delay or cancellation, the potential for fluctuations in oil and gas prices, and the availability of capital resources.  The forward-looking statement contained herein reflects the current views of the Company’s management, and the Company assumes no obligation to update such forward-looking statement or to update the reasons actual results could differ from those contemplated by such forward-looking statement.

 

TGC, based in Plano, Texas, is a geophysical service company which provides 3-D seismic services to oil and gas companies.  It also maintains a geophysical gravity data bank.

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