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Pulse Seismic Inc T.PSD

Alternate Symbol(s):  PLSDF

Pulse Seismic Inc. is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns the licensable seismic data library in Canada, consisting of approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. It calculates net kilometers of 2D data and net square kilometers of 3D data by multiplying the number of kilometers of seismic data in each 2D line and the number of square kilometers of seismic data in each individual 3D seismic dataset by its percentage of ownership in each. The Company's library covers the Western Canada Sedimentary Basin (WCSB).


TSX:PSD - Post by User

Comment by OptsyEagleon Mar 31, 2022 7:49am
200 Views
Post# 34562116

RE:RE:President's Message to Shareholders

RE:RE:President's Message to ShareholdersHe also alluded to the fact that although many of the oil and gas companies are a little more hesitant to drill these days, then they use to be, preferring to pay dividends and what not, it does not change the fact that they all operate selling a depleting product.  As their reserves draw down and acquisitions dry up or become more expensive, they will have little choice but to drill for more oil and gas.   That is just the nature of the business they are in. 

Also, the world is currently looking to replace their dependance on Russia.  Even if peace is declared soon the world has been taught the lesson of depending on unstable countries for their energy needs.   You rarely get more stability in the world then Canada.
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