Pulse Seismic Inc T.PSD

Alternate Symbol(s): PLSDF

Energy Oil & Gas Equipment & Services

Pulse Seismic Inc. is a Canada-based company, which 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 licensable seismic data library in Canada, consisting of over 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. The library covers the Western Canada Sedimentary Basin. Seismic data is used by oil and natural gas exploration and development companies to identify portions of geological formations that have the potential to hold hydrocarbons. Seismic data is utilized by those requiring advanced geophysics to maximize the probability of project success including companies exploring for non-traditional forms of energy such as lithium, companies developing carbon capture, utilization, and storage projects, and companies exploring for helium. It offers its database in various formats, including Seg P1 Format (NAD27) and ESRI Shapefile Format.

TSX:PSD - Post by User

Pulse Seismic Inc

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Comment by Baysarjon Feb 03, 2013 9:52pm

209 Views

Post# 20932014

RE: RE: 2.90 puzzles me

Book value means nothing for this company. Their library is listed at about 90 million, yet that same library produced 50 million in cash flow in 2012. We still generate revenues from data that has been written off the balance sheet since the 60s. The true book vale IMO is worth much much more than what is stated on the balance sheet.

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