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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 > at $1.80, up 30+% on the day!
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Comment by OptsyEagleon Mar 13, 2021 3:00pm
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Post# 32793358

RE:at $1.80, up 30+% on the day!

RE:at $1.80, up 30+% on the day!I have kind of wondered why PSD took so long to get to this level.  It is kind of a perfect hedge.  If oil and gas prices are high, they get lots of business selling existing surveys.  If  oil and gas prices are low they get lots of transactional sales from companies that merge together to cut costs.  

They might be getting a nice payday as well from the recent Crescent Point acquisition of Shell's Duvernay assets in Alberta.
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