Brief: Dawson Geophysical says demand is anticipated to remain at reduced levels throughout 2015
02/03/2015 13:30
March 2 (Reuters) - Dawson Geophysical Co DWSN.O : * Announces lead independent director; quarterly earnings release schedule; market conditions update and related determination on dividends; annual meeting schedule; SEC filing schedule * Market conditions for seismic data acquisition services in North America remain challenging" * Says demand is anticipated to remain at reduced levels throughout 2015 * Results for quarter ending March 31, 2015 will be negatively impacted by reduced demand,utilization rates * Results for quarter ending March 31, 2015 will be negatively impacted by adverse weather conditions , initial integration costs * Co will not pay dividend in respect of the quarters ended December 31, 2014, March 31, 2015 or for foreseeable future * Board decided not to pay dividend after consideration of general economic, market conditions affecting energy industry * Source text for Eikon ID:nPn8x1q2k * Further company coverage DWSN.O ((Bengaluru Newsroom; +1 646 223 8780))