UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
________________
Date of Report (DATE OF EARLIEST EVENT REPORTED) October 4, 2000
GRANT GEOPHYSICAL, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 333-89863* 76-0548468
(STATE OR OTHER (COMMISSION FILE NUMBER) (IRS EMPLOYER
JURISDICTION IDENTIFICATION NO.)
OF INCORPORATION)
16850 Park Row 77084
Houston, Texas (ZIP CODE)
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(281) 398-9503
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
* The Commission file number refers to a Form S-1 registration statement
filed by the registrant under the Securities Act of 1933, which became
effective January 12, 2000.
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Grant Geophysical, Inc. (the "Company") has engaged Arthur Andersen
LLP ("Arthur Andersen") as the Company's independent auditors. The
decision to engage Arthur Andersen was recommended by the Audit Committee
and approved by the Board of Directors. During the two fiscal years ended
December 31, 1999 and the subsequent interim period preceding such
engagement, neither the Company nor anyone on its behalf consulted Arthur
Andersen regarding either (1) the application of accounting principles to a
specified transaction, either completed or proposed, or the type of audit
opinion that might be rendered on the Company's financial statements, nor
did Arthur Andersen provide to the Company a written report or oral advice
regarding such principles or audit opinion; or (2) any matter that was
either the subject of a disagreement or a reportable event.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
GRANT GEOPHYSICAL, INC.
By: /S/ RICHARD H. WARD
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Richard H. Ward
President
Date: October 4, 2000