| Business Summary | | Geokinetics,
Inc.
is
a
technologically
advanced
provider
of
seismic
acquisition
and
high-end
seismic
data
processing
services
to
the
oil
and
gas
industry.
The
Company
has
the
capacity
to
operate
three
seismic
crews
in
the
Rocky
Mountain
and
Gulf
Coast
regions
of
the
United
States.
The
Company
is
engaged
in
land-based
and
transition
zone
seismic
acquisition
services
on
a
contract
basis
for
its
clients.
The
Company
currently
operates
one
seismic
data
processing
center
in
Houston,
Texas
capable
of
processing
2D
and
3D
seismic
data
acquired
from
its
own
crews
as
well
as
data
acquired
by
other
geophysical
crews. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Geokinetics
Inc.,
is
a
provider
of
2-D
and
3-D
seismic
surveys
to
the
oil
and
gas
industry,
specifically
focusing
on
the
Rocky
Mountan
Region
of
the
United
States.
For
the
three
months
ended
3/31/01,
revenues
totaled
$5.2
million,
up
from
$2.3
million.
Net
loss
fell
10%
to
$4.3
million.
Revenues
reflect
an
increase
in
seismic
acquisition
activities.
Net
loss
was
partially
offset
by
increased
seismic
operating
expenses
due
to
the
increase
in
activity. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| William Ziegler, 57 Chairman | -- | Lynn Turner, 50 Pres
and COO | $135K | Thomas Concannon, 46 VP
and CFO | 120K | Michael Schott, 55 VP
of Financial Reporting and Compliance and Sec. | 105K | Michael Dunn, 45 Pres
of Geophysical Devel. Corp. | 150K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|