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 OptsyEagleon Jan 02, 2019 10:54am

218 Views

Post# 29176725

RE:RE:RE:Buying?

Yes. I doubt you will ever get an idea of when a recovery will take place before it starts to take place. It could take a few months it could take longer then our personal lifetimes. This shale situation puts the demand from the US a lot lower then it use to be. Perhaps they may need to blow through that before they get excited about Cdn. Crude/NG. That could take a lifetime. Anyway, I have a little PSD tucked away for better times but I would not make any Oil/Gas dependant company a large part of my portfolio. Too many things we just can't know.

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