<PAGE>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB/A
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(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1996
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
THE EXCHANGE ACT OF 1934
Commission file number 0-27070
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VENTURE SEISMIC LTD.
(Exact name of small business issuer as
specified in its charter)
Alberta, Canada N/A
(State or other jurisdiction of (I.R.S. Employer
incorporation of organization) Identification No.)
3110 - 80th Avenue S.E.
Calgary, Alberta T2C 1J3
(Address of principal executive offices)
(403) 777-9070
(Issuer's telephone number)
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Check whether the issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for
such shorter period that the registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days. Yes X
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No
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State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date: 3,097,683 shares of Common
Stock, no par value, were outstanding as of August 9, 1996.
Transitional Small Business Disclosure Format (Check one):
Yes No X
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Signatures
In accordance with the requirements of the Securities Exchange Act of 1934, the
registrant caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
Venture Seismic Ltd.
/s/ Gregory B. Wiebe
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By: Gregory B. Wiebe
Vice President Finance and Chief Financial
Officer
Dated: November 14, 1996
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND STATEMENT OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> APR-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 205,792
<SECURITIES> 0
<RECEIVABLES> 2,264,734
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 3,356,039
<PP&E> 11,722,827
<DEPRECIATION> 2,553,370
<TOTAL-ASSETS> 14,064,943
<CURRENT-LIABILITIES> 3,191,979
<BONDS> 1,784,738
0
0
<COMMON> 7,021,003
<OTHER-SE> 1,385,144<F1>
<TOTAL-LIABILITY-AND-EQUITY> 14,064,943
<SALES> 0
<TOTAL-REVENUES> 2,370,983
<CGS> 0
<TOTAL-COSTS> 2,016,155
<OTHER-EXPENSES> 725,599
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 61,670
<INCOME-PRETAX> (408,478)
<INCOME-TAX> (179,545)
<INCOME-CONTINUING> (228,933)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (228,933)
<EPS-PRIMARY> (0.08)
<EPS-DILUTED> (0.08)
<FN>
<F1> RETAINED EARNINGS - $1,302,421
CUMULATIVE TRANSLATION ADJUSTMENT - $ 82,723
</FN>
</TABLE>
