SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO. 13)
Under the Securities Exchange Act of 1934*
Dawson Geophysical Company
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(Name of Issuer)
Common Stock, par value $.33 1/3 per share
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(Title of Class of Securities)
239359 10 2
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(CUSIP Number)
Richard E. Blohm, Jr.
1415 Louisiana Street, Suite 3000
Houston, Texas 77002
(713) 739-6500
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
September 28, 2004
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(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 Sections 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 Rule 13d-7 for other parties
to whom copies are to be sent.
*The remainder of this cover page should 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).
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CUSIP No. 239359 10 2 SCHEDULE 13D Page 2 of 6 Pages
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1. NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pebbleton Corporation N.V.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
00
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
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7. SOLE VOTING POWER
NUMBER OF
0
SHARES -----------------------------------------------------------------
8. SHARED VOTING POWER
BENEFICIALLY
232,500
OWNED BY EACH -----------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
REPORTING
0
PERSON -----------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
WITH
232,500
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,500
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.15%
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14. TYPE OF REPORTING PERSON*
CO
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CUSIP No. 239359 10 2 SCHEDULE 13D Page 3 of 6 Pages
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1. NAMES OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Issam M. Fares
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
00
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e) [ ]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Lebanon
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7. SOLE VOTING POWER
NUMBER OF
0
SHARES -----------------------------------------------------------------
8. SHARED VOTING POWER
BENEFICIALLY
232,500
OWNED BY EACH -----------------------------------------------------------------
9. SOLE DISPOSITIVE POWER
REPORTING
0
PERSON -----------------------------------------------------------------
10. SHARED DISPOSITIVE POWER
WITH
232,500
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
232,500
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
4.15%
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14. TYPE OF REPORTING PERSON*
IN
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CUSIP No. 239359 10 2 SCHEDULE 13D Page 4 of 6 pages
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Unless otherwise defined or indicated in this Amendment No.
13, capitalized terms which are used herein and are defined in the Schedule 13D
filed October 16, 1998, as heretofore amended (the "Original 13D"), shall have
the meanings assigned to them in the Original 13D. All information herein with
respect to Dawson Geophysical Company, a Texas corporation (the "Issuer"), is to
the best knowledge and belief of the Reporting Persons, as defined herein.
ITEM 2. IDENTITY AND BACKGROUND
The text of Item 2 of the Original 13D is hereby deleted in
its entirety and the following substituted therefor:
This Amendment No. 13 is filed by (a) Pebbleton Corporation
N.V., a corporation organized under the laws of the Netherlands Antilles
("Pebbleton"), and (b) Mr. Issam M. Fares, a Lebanese citizen ("Mr. Fares" and
together with Pebbleton, the "Reporting Persons").
The principal business of Pebbleton is to hold investments in
other companies. The address of the principal business offices of Pebbleton and
the address of Mr. Fares is Pietermaai 15, Curacao, Netherlands Antilles. Mr.
Fares serves as a managing director of Pebbleton. N.V. Fides, a Netherlands
Antilles corporation, functions as a Managing Director of Pebbleton in order to
comply with Netherlands Antilles regulations requiring resident directors. There
are no other officers or directors of Pebbleton. The filing of this statement
shall not be construed as an admission that N.V. Fides is, for the purposes of
Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the
"Act"), the beneficial owner of any securities covered by this statement.
Neither of the Reporting Persons, nor, to their knowledge,
N.V. Fides, has been during the last five years (a) convicted of any criminal
proceeding (excluding traffic violations or similar misdemeanors) or (b) a party
to a civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, United States federal or state securities laws
or finding any violations with respect to such laws.
ITEM 4. PURPOSE OF TRANSACTION
The text of Item 4 of the Original 13D is hereby deleted in
its entirety and the following substituted therefor:
The purchases of the Common Stock of the Issuer by the
Reporting Persons were made on The Nasdaq Stock Market, Inc., the principal
market in which shares of the Issuer's Common Stock are traded, and such
acquisitions were made for investment purposes.
The Reporting Persons intend to review their investment in the
Issuer on a continuing basis and, depending upon the price of, and other market
conditions relating to the Common Stock, subsequent developments affecting the
Issuer, the Issuer's business and
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CUSIP No. 239359 10 2 SCHEDULE 13D Page 5 of 6 pages
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prospects, other investment and business opportunities available to the
Reporting Persons, general stock market and economic conditions, tax
considerations and other factors deemed relevant, may decide to decrease the
size of their investment in the Issuer.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
The text of Item 5 is hereby deleted in its entirety and the
following substituted therefor:
(a) As set forth herein, Pebbleton owns 232,500 shares of Common
Stock of the Issuer, which represents approximately 4.15% of
the outstanding Common Stock (based upon 5,597,544 shares of
Common Stock outstanding, as reported in the Issuer's
Quarterly Report on Form 10-Q for the period ending June 30,
2004).
As set forth herein, Mr. Fares may be deemed to beneficially
own 232,500 shares of Common Stock of the Issuer, which
represents approximately 4.15% of the outstanding Common Stock
(based upon 5,597,544 shares of Common Stock outstanding, as
reported in the Issuer's Quarterly Report on Form 10-Q for the
period ending June 30, 2004).
(b) Mr. Fares may be deemed to beneficially own and thereby share
voting and dispositive power over the shares of Common Stock
described herein which are held by Pebbleton. See Item 2.
(c) Set forth in Exhibit A to this Amendment No. 13 is a list of
all transactions effected in the Issuer's Common Stock by
Pebbleton since the filing of Amendment No. 12 on September 1,
2004, including (i) the identity of the person effecting
transactions in the Issuer's Common Stock; (ii) the date of
the transaction; (iii) the amount of securities involved; (iv)
the price per share of Common Stock; and (v) where and how the
transaction was effected. Other than the transactions
described in this Item 5, neither of the Reporting Persons nor
to the knowledge of the Reporting Persons, any of their
officers or directors, has effected any transaction in the
Common Stock since the filing of Amendment No. 12.
(e) On September 28, 2004, the Reporting Persons ceased to be the
beneficial owners of more than five percent of the outstanding
Common Stock (based upon 5,597,544 shares of Common Stock
outstanding, as reported in the Issuer's Quarterly Report on
Form 10-Q for the period ending June 30, 2004).
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Item 7 of the Original Statement is hereby amended to add the
following exhibit:
Exhibit A Transactions in Common Stock by Pebbleton
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CUSIP No. 239359 10 2 SCHEDULE 13D Page 6 of 6 pages
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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: September 29, 2004.
PEBBLETON CORPORATION N.V.
By: Issam M. Fares,
its Managing Director
By: /s/ Richard E. Blohm, Jr.
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Richard E. Blohm, Jr.
Attorney-in-Fact
ISSAM M. FARES
By: /s/ Richard E. Blohm, Jr.
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Richard E. Blohm, Jr.
Attorney-in-Fact
EXHIBIT A
TRANSACTIONS IN THE COMMON STOCK BY PEBBLETON
With respect to the transactions set forth below, all sales
were made by Pebbleton Corporation N.V. and were effected on The Nasdaq Stock
Market, Inc., the exchange on which the shares of Common Stock of Dawson
Geophysical Company are traded, since the filing of Amendment No. 12 on
September 1, 2004.
DATE OF NUMBER OF PRICE PER
SALE SHARES SOLD SHARE($)
---- ----------- --------
09/08/2004 20,000 20.00
09/08/2004 5,000 20.05
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25,000
09/27/2004 15,000 20.00
09/27/2004 10,000 20.05
09/27/2004 10,000 20.18
09/27/2004 10,000 20.23
09/27/2004 5,000 20.25
09/27/2004 10,000 20.19
09/27/2004 5,000 20.33
09/27/2004 5,000 20.40
09/27/2004 5,000 20.56
09/27/2004 10,000 20.69
09/27/2004 10,000 20.72
09/27/2004 5,000 20.65
09/27/2004 5,000 20.60
09/27/2004 5,000 20.70
09/27/2004 15,000 20.96
09/27/2004 5,000 21.00
09/27/2004 15,000 21.05
09/27/2004 5,000 21.10
09/27/2004 5,000 21.12
09/27/2004 15,000 21.15
-------
170,000
09/28/2004 10,000 22.07
09/28/2004 10,000 21.94
09/28/2004 5,000 21.75
09/28/2004 2,500 21.55
09/28/2004 10,000 21.00
09/28/2004 5,000 21.05
09/28/2004 10,000 21.15
09/28/2004 5,000 21.30
09/28/2004 5,000 21.25
09/28/2004 5,000 21.27
------
67,500
A-1