SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MAPLE LEAF PARTNERS LP

(Last) (First) (Middle)
C/O ANDREEF EQUITY ADVISORS, L.L.C.
450 LAUREL STREET, SUITE 2105

(Street)
BATON ROUGE LA 70801

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GEOKINETICS INC [ GOK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/29/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/29/2007 P 53,750 A $31.0089 827,281.4(1) D(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
MAPLE LEAF PARTNERS LP

(Last) (First) (Middle)
C/O ANDREEF EQUITY ADVISORS, L.L.C.
450 LAUREL STREET, SUITE 2105

(Street)
BATON ROUGE LA 70801

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
MAPLE LEAF CAPITAL I, LLC

(Last) (First) (Middle)
450 LAUREL STREET
SUITE 2105

(Street)
BATON ROUGE LA 70801

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ANDREEFF DANE

(Last) (First) (Middle)
C/O ANDREEFF EQUITY ADVISORS L.L.C.
450 LAUREL ST STE 2105

(Street)
BATON ROUGE LA 70801

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. This transaction was made by Maple Leaf Partners, L.P., a direct beneficial owner of more than 10% of the issuer's securities. The partnership's general partner, Maple Leaf Capital I, L.L.C., and the general partner's managing member, Dane Andreeff, are reporting these transactions because, when these holdings are aggregated with their other indirect holdings of this issuer's securities, they each may be deemed indirect beneficial owners of 10% or more of the issuer's securities. As of June 29, 2007, Dane Andreeff may be deemed to beneficially own 1,817,286 shares of Common Stock, including immediately exercisable warrants, and Maple Leaf Capital I, L.L.C. may be deemed to beneficially own 1,018,548 shares of Common Stock, including immediately exercisable warrants.
/s/ Dane Andreeff, Managing Member of the Reporting Person's General Partner 07/02/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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