Edgar Filing: GEOKINETICS INC

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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3235-0287

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Avista Capital Partners, L.P.

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)

(Last)

(First)

(Middle)

65 E. 55TH STREET, 18TH FLOOR

3. Date of Earliest Transaction (Month/Day/Year)
08/23/2007

(Street)

NEW YORK, NY 10022

4. If Amendment, Date Original Filed(Month/Day/Year)
08/27/2007

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/23/2007		P		200	A	$ 20.19	1,027,511 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								412,190 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		4,800	A	$ 20.29	1,028,513 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								415,998 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		10,000	A	$ 20.38	1,030,599 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								423,902 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		1,200	A	$ 20.4	1,030,850 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								424,851 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		2,100	A	$ 20.43	1,031,288 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								426,513 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		2,700	A	$ 20.45	1,031,851 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								428,650 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		400	A	$ 20.48	1,031,935 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								428,966 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		1,000	A	$ 20.49	1,032,143 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								429,758 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		2,700	A	$ 20.5	1,032,707 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								431,894 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		3,900	A	$ 20.8	1,033,521 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								434,980 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		1,000	A	$ 20.49	1,000,729 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								435,772 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		500	A	$ 20.85	1,033,834 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								436,167 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		2,000	A	$ 20.86	1,034,251 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								437,750 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D
Common Stock	08/24/2007		P		100	A	$ 21	1,034,272 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D
Common Stock								437,829 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Avista Capital Partners, L.P. 65 E. 55TH STREET 18TH FLOOR NEW YORK, NY 10022		X

Signatures

/s/ Robert Cabes		08/29/2007
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Balances of shares held adjusted to reflect the issuer's 1 for 10 reverse stock split effected on November 3, 2006.
(2)	These shares are owned directly by Avista Capital Partners (Offshore), L.P. ("Offshore") and may be deemed to be indirectly owned by Avista Capital Partners GP, LLC., the general partner of Offshore.
(3)	Does not reflect a new share purchcase. This Form 4/A is being filed only to correct the Trading Symbol from "GOKN" to "GOK" as reported and previously filed August 27, 2007.
(4)	These shares are owned directly by Avista Capital Partners, L.P. ("Avista") and may be deemed to be indirectly owned by Avista Capital Partners GP, LLC., the general partner of Avista.

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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