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Pulse Seismic Inc T.PSD

Alternate Symbol(s):  PLSDF

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

Post by wizthewizon Jul 02, 2023 10:22am
220 Views
Post# 35524154

O/G companies have reserves for many years

O/G companies have reserves for many yearsPSD will eventually be needed by the O/G companies but many of them already have identified years of reserves. This recent purchase--a nice one at that--might be the start of something--only time will tell. But now is the time to have a position already established in PSD as it will not stay this low--even into the fall, IMO. I would like to see from mgm in some detail how they are expanding their library databases and positioning the company other than just being fiscally responsible and keeping the servers running. I have a full position now and at average cost of $180 and at $1.70 it still looks like a bargain. This one is a likely double from here.BOL
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