New Seismic OrderSo it appears that at least one Oil and Gas company has finally started to notice that if all they do is pump their oil and gas reserves, and then just buy back their own shares and pay dividends with all of the sales proceeds, their reserves will actually start to deplete. Let's hope the rest of the industry figures this "law of drilling" out soon and starts making plans to start drilling for more reserves, so PSD can start booking more and more of these nice orders. They can't put it off forever.
https://ca.finance.yahoo.com/news/pulse-announces-4-0-million-031300933.html
I kind of thought there must be a big order in the works when I saw the most recent share buybacks by PSD. Would be nice to see a little more of that as well.