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 EliGoldon Mar 06, 2015 10:44am

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Post# 23497182

RE:Zero Participation Surveys in 2014

They have one 3D survey under way right now. It's being done in the calendar year 2015, but the deal was probably consumed late in 2014.

They do these surveys in winter time. They only skipped one winter season (2014). I'm not sure how meaningful is that. If I recall CEO's comments correctly, they evaluated some survey offers last winter. They didn't lead to any deals, because the offers didn't meat Pulse's requirements.

FWIW, I pay more attention to the library sales than the surveys.

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