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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000912057-96-013041.txt : 19960626
<SEC-HEADER>0000912057-96-013041.hdr.sgml : 19960626
ACCESSION NUMBER:		0000912057-96-013041
CONFORMED SUBMISSION TYPE:	10-C
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19960529
FILED AS OF DATE:		19960625
SROS:			NASD

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MITCHAM INDUSTRIES INC
		CENTRAL INDEX KEY:			0000926423
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084]
		IRS NUMBER:				760210849
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		10-C
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13490
		FILM NUMBER:		96585057

	BUSINESS ADDRESS:	
		STREET 1:		44000 HIGHWAY 75 SOUTH
		STREET 2:		PO BOX 1175
		CITY:			HUNTSVILLE
		STATE:			TX
		ZIP:			77342
		BUSINESS PHONE:		4092912277

	MAIL ADDRESS:	
		STREET 2:		P O BOX 1175
		CITY:			HUNTSVILLE
		STATE:			TX
		ZIP:			77342-1175
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-C
<SEQUENCE>1
<DESCRIPTION>FORM 10-C
<TEXT>

<PAGE>

Form 10-C

Securities and Exchange Commission
Washington, DC 20549

Report by issuer of securities quoted on The Nasdaq Stock Market, filed pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934 and Rule 13a-17 or
15d-17 thereunder.

EXACT NAME OF ISSUER AS SPECIFIED IN CHARTER:      Mitcham Industries, Ind.  
                                             -----------------------------------

ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 44000 Highway 75 South, Huntsville, 
                                        ------------------------------------
Texas 77342 
- ----------- 

ISSUER'S TELEPHONE NUMBER (INCLUDING AREA CODE):      (409) 291-2277   
                                                --------------------------------

I.  CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in the 
number of shares outstanding:

1.  Title of security              Common Stock   
                     ------------------------------------------

2.  Number of shares outstanding before the change        3,485,900        
                                                  -------------------------

3.  Number of shares outstanding after the change         4,378,650   
                                                 -------------------------- 

4.  Effective date of change           February - May 29, 1996              
                            ----------------------------------------------- 

5.  Method of change                Exercise of public warrants             
                    ------------------------------------------------------- 

Specify method (such as merger, acquisition, exchange, distribution, stock
split, reverse split, acquisition of stock for treasury, etc.)

- ----------------------------------------------------------------------------

Give brief description of transaction              See Statement 1          
                                     ---------------------------------------


II.  CHANGE IN NAME OF ISSUER

1.  Name prior to change
                        ---------------------------------------------------- 
2.  Name after change
                     ------------------------------------------------------- 
3.  Effective date of charter amendment changing name
                                                     ----------------------- 
4.  Date of shareholder approval of change, if required
                                                       --------------------- 

     6/20/96                 Roberto Rios    
- ----------------      ---------------------------------------------------------
      Date            OFFICER'S SIGNATURE AND TITLE
                         Roberto Rios               Chief Financial Officer and
                                                      Vice-President, Finance


<PAGE>

                                 STATEMENT 1 TO
                                    FORM 10-C
                                    JUNE 1996

PART I: CHANGE IN NUMBER OF SHARES OUTSTANDING

Number of shares outstanding before the change              3,485,900

Shares issued on the exercise of public warrants              892,750 (1)
                                                            ---------

Number of shares outstanding after the change
 (as of 6-17-96)                                            4,378,650
                                                            ---------
                                                            ---------

- -----------------------------------------

(1)  Represents shares underlying public warrants issued in the Company's
initial public offering on January 4, 1995 and subsequently exercised from
February through May 1996.  The 895,000 public warrants were called for
redemption on April 29, 1996.  The redemption date was May 29, 1996.



 
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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