UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
DAWSON GEOPHYSICAL COMPANY
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
239360100
(CUSIP Number)
Javier Rocha
Wilks Brothers, LLC
17010 IH 20
Cisco, Texas 76437
Telephone: (817)-850-3600
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
September 19, 2023
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Page 2
SCHEDULE 13D
CUSIP No. 239360100
1. | NAMES OF REPORTING PERSONS
Matthew D. Wilks | ||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☒ (b) ☐
| ||
3. | SEC USE ONLY
| ||
4. | SOURCE OF FUNDS (see instructions)
OO | ||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | ||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION
United States | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER
0 | |
8. | SHARED VOTING POWER
0 | ||
9. | SOLE DISPOSITIVE POWER
0 | ||
10. | SHARED DISPOSITIVE POWER
0 | ||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 | ||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)
☐ | ||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0 | ||
14. | TYPE OF REPORTING PERSON (see instructions)
IN | ||
Page 3
SCHEDULE 13D
CUSIP No. 239360100
1. | NAMES OF REPORTING PERSONS
Sergei Krylov | ||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☒ (b) ☐
| ||
3. | SEC USE ONLY
| ||
4. | SOURCE OF FUNDS (see instructions)
OO | ||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | ||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION
United States | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER
0 | |
8. | SHARED VOTING POWER
0 | ||
9. | SOLE DISPOSITIVE POWER
0 | ||
10. | SHARED DISPOSITIVE POWER
0 | ||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 | ||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)
☐ | ||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0 | ||
14. | TYPE OF REPORTING PERSON (see instructions)
IN | ||
Page 4
SCHEDULE 13D
CUSIP No. 239360100
1. | NAMES OF REPORTING PERSONS
Dan Wilks | ||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☒ (b) ☐
| ||
3. | SEC USE ONLY
| ||
4. | SOURCE OF FUNDS (see instructions)
OO | ||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | ||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION
United States | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER
0 | |
8. | SHARED VOTING POWER
24,659,095 | ||
9. | SOLE DISPOSITIVE POWER
0 | ||
10. | SHARED DISPOSITIVE POWER
24,659,095 | ||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,659,095 | ||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)
☐ | ||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
80.03% (1) | ||
14. | TYPE OF REPORTING PERSON (see instructions)
IN | ||
(1) | Percent of class based on (i) 25,000,564 shares of Common Stock of Issuer issued and outstanding as of July 26, 2023, as reported in the Issuer’s Quarterly Report filed with the SEC on July 31, 2023 plus (ii) 5,811,765 newly issued shares of Common Stock of Issuer issued pursuant to the Convertible Note as reported in the Issuer’s Form 8-K filed with the SEC on September 19, 2023. | ||
Page 5
SCHEDULE 13D
CUSIP No. 239360100
1. | NAMES OF REPORTING PERSONS
Staci Wilks | ||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☒ (b) ☐
| ||
3. | SEC USE ONLY
| ||
4. | SOURCE OF FUNDS (see instructions)
OO | ||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | ||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION
United States | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER
0 | |
8. | SHARED VOTING POWER
349 | ||
9. | SOLE DISPOSITIVE POWER
0 | ||
10. | SHARED DISPOSITIVE POWER
349 | ||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
349 | ||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)
☐ | ||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0% (1) | ||
14. | TYPE OF REPORTING PERSON (see instructions)
IN | ||
(1) | Percent of class based on (i) 25,000,564 shares of Common Stock of Issuer issued and outstanding as of July 26, 2023, as reported in the Issuer’s Quarterly Report filed with the SEC on July 31, 2023 plus (ii) 5,811,765 newly issued shares of Common Stock of Issuer issued pursuant to the Convertible Note as reported in the Issuer’s Form 8-K filed with the SEC on September 19, 2023. | ||
Page 6
SCHEDULE 13D
CUSIP No. 239360100
1. | NAMES OF REPORTING PERSONS
Wilks Brothers, LLC | ||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☒ (b) ☐
| ||
3. | SEC USE ONLY
| ||
4. | SOURCE OF FUNDS (see instructions)
WC | ||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | ||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION
Texas | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER
0 | |
8. | SHARED VOTING POWER
24,659,095 | ||
9. | SOLE DISPOSITIVE POWER
0 | ||
10. | SHARED DISPOSITIVE POWER
24,659,095 | ||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,659,095 | ||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)
☐ | ||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
80.03% (1) | ||
14. | TYPE OF REPORTING PERSON (see instructions)
OO | ||
(1) | Percent of class based on (i) 25,000,564 shares of Common Stock of Issuer issued and outstanding as of July 26, 2023, as reported in the Issuer’s Quarterly Report filed with the SEC on July 31, 2023 plus (ii) 5,811,765 newly issued shares of Common Stock of Issuer issued pursuant to the Convertible Note as reported in the Issuer’s Form 8-K filed with the SEC on September 19, 2023. | ||
Page 7
SCHEDULE 13D
CUSIP No. 239360100
1. | NAMES OF REPORTING PERSONS
Farris Wilks | ||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☒ (b) ☐
| ||
3. | SEC USE ONLY
| ||
4. | SOURCE OF FUNDS (see instructions)
OO | ||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | ||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION
United States | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER
0 | |
8. | SHARED VOTING POWER
24,659,095 | ||
9. | SOLE DISPOSITIVE POWER
0 | ||
10. | SHARED DISPOSITIVE POWER
24,659,095 | ||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,659,095 | ||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)
☐ | ||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
80.03% (1) | ||
14. | TYPE OF REPORTING PERSON (see instructions)
IN | ||
(1) | Percent of class based on (i) 25,000,564 shares of Common Stock of Issuer issued and outstanding as of July 26, 2023, as reported in the Issuer’s Quarterly Report filed with the SEC on July 31, 2023 plus (ii) 5,811,765 newly issued shares of Common Stock of Issuer issued pursuant to the Convertible Note as reported in the Issuer’s Form 8-K filed with the SEC on September 19, 2023. | ||
Page 8
SCHEDULE 13D
CUSIP No. 239360100
1. | NAMES OF REPORTING PERSONS
WB Acquisitions Inc. |
|||
2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☒ (b) ☐
|
|||
3. | SEC USE ONLY
|
|||
4. | SOURCE OF FUNDS (see instructions)
OO |
|||
5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ |
|||
6. | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
|||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE VOTING POWER
0 |
||
8. | SHARED VOTING POWER
15,547,010 |
|||
9. | SOLE DISPOSITIVE POWER
0 |
|||
10. | SHARED DISPOSITIVE POWER
15,547,010 |
|||
11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,547,010 |
|||
12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions)
☐ |
|||
13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
50.46% (1) |
|||
14. | TYPE OF REPORTING PERSON (see instructions)
CO |
|||
(1) | Percent of class based on (i) 25,000,564 shares of Common Stock of Issuer issued and outstanding as of July 26, 2023, as reported in the Issuer’s Quarterly Report filed with the SEC on July 31, 2023 plus (ii) 5,811,765 newly issued shares of Common Stock of Issuer issued pursuant to the Convertible Note as reported in the Issuer’s Form 8-K filed with the SEC on September 19, 2023. | |||
Page 9
Explanatory Note
This Amendment No. 5 (this “Amendment”) amends and supplements the Schedule 13D originally filed by Dan Wilks, Staci Wilks, Wilks Brothers, LLC (“Wilks”) and Farris Wilks with the Securities and Exchange Commission (the “SEC”) on January 19, 2021, as amended by Amendment No. 1 thereto filed on October 25, 2021, Amendment No. 2 thereto filed on January 14, 2022, Amendment No. 3 thereto filed on January 28, 2022, and Amendment No. 4 thereto filed on June 26, 2023 (collectively, the “Schedule 13D”), relating to shares of common stock, par value $0.01 per share (“Common Stock”), of Dawson Geophysical Company (the “Issuer”).
Information reported in the Schedule 13D remains in effect except to the extent that it is amended, restated or superseded by information contained in this Amendment. Capitalized terms used but not defined in this Amendment have the respective meanings set forth in the Schedule 13D.
Item 4. Purpose of the Transaction.
Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following:
On September 13, 2023, Dawson held a virtual special meeting of its stockholders (the “Special Meeting”). At the Special Meeting, Dawson’s stockholders voted and approved the issuance of 5,811,765 shares of Common Stock of Issuer to Wilks upon conversion of the Convertible Note. Upon such approval, the Convertible Note automatically converted into the Conversion Shares upon such approval.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended by amending and replacing in their entirety each of Items 5(a), 5(b) and 5(c) as follows:
(a)–(b) Each Reporting Person’s beneficial ownership of the Common Stock as of the date of this Amendment is reflected on that Reporting Person’s cover page. The Reporting Persons may be deemed to be the beneficial owners of an aggregate of 24,659,095 shares of the Common Stock, representing 80.03% of the Common Stock of the Issuer representing the aggregate of (i) 25,000,564 shares of Common Stock issued and outstanding as of July 26, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on July 31, 2023 and (ii) 5,811,765 newly issued shares of Common Stock of Issuer issued pursuant to the Convertible Note as reported in the Issuer’s Form 8-K filed with the SEC on September 19, 2023.
Wilks beneficially owns 24,659,095 shares of Common Stock, representing 80.03% of the issued and outstanding Common Stock, consisting of (i) 9,111,736 shares of Common Stock directly owned by Wilks, (ii) 15,547,010 shares of Common Stock directly owned by WBA, which is a subsidiary of Wilks, and (iii) 349 shares of Common Stock directly owned by Staci Wilks. Wilks is a manager-managed limited liability company, managed by Dan Wilks and Farris Wilks. Dan Wilks and Farris Wilks are brothers and may be deemed to indirectly beneficially own the shares of Common Stock directly beneficially owned by each of Wilks and WBA.
Dan Wilks and Staci Wilks are husband and wife and share the same household, and Dan H. Wilks may be deemed to indirectly beneficially own the shares of Common Stock directly owned by Staci Wilks.
Sergei Krylov is a Director of Issuer and an Investment Partner and Chief Financial Officer of Wilks. Matthew D. Wilks is the Chairman of Issuer and is the Vice President of Investment of Wilks and a Director of WBA. Matthew D. Wilks is the son of Dan Wilks.
(c) The information set forth in Item 4 of this Amendment is incorporated by reference into this Item 6. None of the other the Reporting Persons effected any transaction in the Common Stock during the past 60 days.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Item 6 of the Schedule 13D is hereby amended and supplemented by adding the following:
The information set forth in Item 4 of this Amendment is incorporated by reference into this Item 6.
Item 7. Material to Be Filed as Exhibits.
Page 10
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: October 30, 2023
* | ||
Sergei Krylov | ||
* | ||
Matthew D. Wilks | ||
* | ||
Dan Wilks | ||
* | ||
Staci Wilks | ||
* | ||
Farris Wilks | ||
Wilks Brothers, LLC | ||
By: |
/s/ Javier Rocha | |
Name: Javier Rocha | ||
Title: Attorney-in-Fact | ||
WB Acquisitions Inc. | ||
By: |
/s/ Javier Rocha | |
Name: Javier Rocha | ||
Title: Attorney-in-Fact |
*By: | /s/ Javier Rocha | |
Javier Rocha, as Attorney-in-Fact |
Exhibit 99.4
JOINT FILING AGREEMENT
Pursuant to Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, each of the undersigned acknowledges and agrees that the foregoing statement on this Schedule 13D is filed on behalf of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of the undersigned without the necessity of filing additional joint acquisition statements. Each of the undersigned acknowledges that it shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.
Dated: October 30, 2023
* | ||
Sergei Krylov | ||
* | ||
Matthew D. Wilks | ||
* | ||
Dan Wilks | ||
* | ||
Staci Wilks | ||
* | ||
Farris Wilks | ||
Wilks Brothers, LLC | ||
By: |
/s/ Javier Rocha | |
Name: Javier Rocha | ||
Title: Attorney-in-Fact
| ||
WB Acquisitions Inc. | ||
By: |
/s/ Javier Rocha | |
Name: Javier Rocha | ||
Title: Attorney-in-Fact | ||
*By: | /s/ Javier Rocha | |
Javier Rocha, as Attorney-in-Fact |
Exhibit 99.5
POWER OF ATTORNEY
I, Sergei Krylov, hereby confirm that I have authorized and designated Javier Rocha to execute and file on my behalf all SEC forms (including any amendments thereto) that I may be required to file with the United States Securities and Exchange Commission and to perform any other actions in connection with the above, as a result of my position with, or my direct or indirect ownership of, or transaction in securities of, Dawson Geophysical Company. The authority of such individual under this Statement shall continue for as long as I am required to file such forms, unless earlier terminated by my delivery of a written revocation of this authorization to Javier Rocha. I hereby acknowledge that such individual is not assuming any of my responsibilities to comply with any of the requirements of the Securities Exchange Act of 1934, as amended.
Dated: | October 30, 2023 |
By: | /s/ Sergei Krylov |
|
Sergei Krylov |
Exhibit 99.6
POWER OF ATTORNEY
I, Matthew D. Wilks, hereby confirm that I have authorized and designated Javier Rocha to execute and file on my behalf all SEC forms (including any amendments thereto) that I may be required to file with the United States Securities and Exchange Commission and to perform any other actions in connection with the above, as a result of my position with, or my direct or indirect ownership of, or transaction in securities of, Dawson Geophysical Company. The authority of such individual under this Statement shall continue for as long as I am required to file such forms, unless earlier terminated by my delivery of a written revocation of this authorization to Javier Rocha. I hereby acknowledge that such individual is not assuming any of my responsibilities to comply with any of the requirements of the Securities Exchange Act of 1934, as amended.
Dated: | October 30, 2023 |
By: | /s/ Matthew D. Wilks | |
Matthew D. Wilks |
Exhibit 99.7
POWER OF ATTORNEY
I, Dan Wilks, hereby confirm that I have authorized and designated Javier Rocha to execute and file on my behalf all SEC forms (including any amendments thereto) that I may be required to file with the United States Securities and Exchange Commission and to perform any other actions in connection with the above, as a result of my position with, or my direct or indirect ownership of, or transaction in securities of, Dawson Geophysical Company. The authority of such individual under this Statement shall continue for as long as I am required to file such forms, unless earlier terminated by my delivery of a written revocation of this authorization to Javier Rocha. I hereby acknowledge that such individual is not assuming any of my responsibilities to comply with any of the requirements of the Securities Exchange Act of 1934, as amended.
Dated: | October 30, 2023 |
By: | /s/ Dan Wilks | |
Dan Wilks |
Exhibit 99.8
POWER OF ATTORNEY
I, Staci Wilks, hereby confirm that I have authorized and designated Javier Rocha to execute and file on my behalf all SEC forms (including any amendments thereto) that I may be required to file with the United States Securities and Exchange Commission and to perform any other actions in connection with the above, as a result of my position with, or my direct or indirect ownership of, or transaction in securities of, Dawson Geophysical Company. The authority of such individual under this Statement shall continue for as long as I am required to file such forms, unless earlier terminated by my delivery of a written revocation of this authorization to Javier Rocha. I hereby acknowledge that such individual is not assuming any of my responsibilities to comply with any of the requirements of the Securities Exchange Act of 1934, as amended.
Dated: | October 30, 2023 |
By: | /s/ Staci Wilks | |
Staci Wilks |
Exhibit 99.9
POWER OF ATTORNEY
Wilks Brothers, LLC (“Wilks”), incorporated and existing under the laws of Texas, with filing number 801427642, having its registered address at PO Box 984, Cisco, Texas 76437, represented by Dan Wilks, Manager, hereby authorizes Javier Rocha to represent Wilks to execute and file on Wilks’s behalf all SEC forms (including any amendments thereto) that Wilks may be required to file with the United States Securities and Exchange Commission and any other actions in connection with the above, as a result of Wilks’s position with, or direct or indirect ownership of, or transactions in securities by or on behalf of Wilks. The authority of such individual under this Statement shall continue for as long as Wilks is required to file such forms, unless earlier terminated by my delivery of a written revocation of this authorization to Wilks. I hereby acknowledge that such individual is not assuming any of Wilks’s responsibilities to comply with any of the requirements of the Securities Exchange Act of 1934, as amended.
Dated: | October 30, 2023 |
By: | /s/ Dan Wilks | |
Dan Wilks, Manager |
Exhibit 99.10
POWER OF ATTORNEY
I, Farris Wilks, hereby confirm that I have authorized and designated Javier Rocha to execute and file on my behalf all SEC forms (including any amendments thereto) that I may be required to file with the United States Securities and Exchange Commission and to perform any other actions in connection with the above, as a result of my position with, or my direct or indirect ownership of, or transaction in securities of, Dawson Geophysical Company. The authority of such individual under this Statement shall continue for as long as I am required to file such forms, unless earlier terminated by my delivery of a written revocation of this authorization to Javier Rocha. I hereby acknowledge that such individual is not assuming any of my responsibilities to comply with any of the requirements of the Securities Exchange Act of 1934, as amended.
Dated: | October 30, 2023 |
By: | /s/ Farris Wilks | |
Farris Wilks |
Exhibit 99.11
POWER OF ATTORNEY
WB Acquisitions Inc. (“WBA”), incorporated and existing under the laws of Delaware, having its address at 17018 IH 20, Cisco, TX 76437, represented by Matthew D. Wilks, Director, hereby authorizes Javier Rocha to represent WBA to execute and file on WBA’s behalf all SEC forms (including any amendments thereto) that WBA may be required to file with the United States Securities and Exchange Commission and any other actions in connection with the above, as a result of WBA’s position with, or direct or indirect ownership of, or transactions in securities by or on behalf of WBA with Dawson Geophysical Company. The authority of such individual under this Statement shall continue for as long as WBA is required to file such forms, unless earlier terminated by my delivery of a written revocation of this authorization to WBA. I hereby acknowledge that such individual is not assuming any of WBA’s responsibilities to comply with any of the requirements of the Securities Exchange Act of 1934, as amended.
Dated: | October 30, 2023 |
By: | /s/ Matthew D. Wilks | |
Matthew D. Wilks, Director |