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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Post by CashFlowRangeron Nov 28, 2014 10:48am

219 Views

Post# 23173730

Oil industry and Pulse - buying opportunity or sell?

Given the recent news with OPEC and the oil prices dropping, Pulse's stock price has dropped around 10% in the past few trading days.

Is this a buying opportunity (short term noise?) or does this signal continuing decline of the stock price as there is great risk oil exploration and new drilling is going to decline for the long term?

Thoughts??

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