| Ticker: | TDXT | 12012 Wickchester, Suite 250 | |
| Exchange: | NASDAQ-National Market | Houston, Texas 77079 | |
| Industry: | Natural Resources | (713) 579-3398 |
| Type of Shares: | Common Shares | Filing Date: | 10/18/96 | |
| U.S. Shares: | 2,500,000 | Offer Date: | 12/20/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 2,500,000 | Offer Price: | $11.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.77 | |
| Offering Amount: | $35,000,000 | Selling: | $0.46 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 7,005,049 |
| Manager | Tier | Phone |
| Howard, Weil, Labouisse, Friedrichs | Lead Manager | (504) 582-2500 |
| Petrie Parkman & Co. | Co-manager | (303) 292-3877 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 9/30/96 | 9/30/96 | 9/30/96 | ||
| Revenue: | $0.57 | $0.75 | $0.37 | Assets: | $8.99 |
| Net Income: | -$3.27 | -$1.95 | -$2.12 | Liabilities: | $15.78 |
| EPS: | -$1.09 | -$0.93 | -$0.71 | Equity: | -$6.79 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| 3DX Technologies is a knowledge based oil and gas exploration company whose core competence and strategic focus is the utilization of 3-D seismic imaging and other advanced technologies in the search for commercial quantities of hydrocarbons. The company only enters into joint venture agreements that enable it to combine its expertise and exploration capabilities with the operating skills to other oil and gas companies. The company participates in carefully selected exploration projects as a non-operating, working interest owner, sharing both risks and rewards with its partners. The company commenced operations in January 1993 to take advantage of perceived opportunities emerging from changes in the domestic oil and gas industry, including the divestiture of domestic oil and gas properties, advances in technology and the outsourcing of specialized technical capabilities. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for capital expenditures to fund the company's exploration and development program; redemption of all of the issued and outstanding shares of Series B Preferred Stock and payment of all accrued but unpaid dividends on the Series C Preferred Stock prior to the conversion thereof; and general corporate purposes, including expenses associated with hiring additional personnel. |
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