Pulse Seismic Inc. Stock Analysis PSD.TO

Pulse Seismic, Inc. engages in the acquisition, marketing, and licensing of 2D and 3D seismic data. The company is headquartered in Calgary, Alberta and currently employs 15 full-time employees. The company went IPO on 2001-11-21. 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. The firm owns the licensable seismic data library in Canada, consisting of approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. The library covers the Western Canada Sedimentary Basin, where majority of Canada’s oil and natural gas exploration and development occurs. Seismic data is also used by those requiring advanced geophysics to maximize the probability of project success, including companies exploring non-traditional forms of energy such as lithium, companies developing carbon capture, utilization and storage (CCUS) projects, and companies exploring helium.