Pulse Seismic Inc. is a pure-play seismic data licensing business. Its library of 2D and 3D seismic data covers key areas of the Western Canada Sedimentary Basin in Alberta, northeast British Columbia and Saskatchewan, plus parts of Manitoba, Yukon, the Northwest Territories and Montana. Pulse's coverage includes high-impact exploration areas such as Alberta's Deep Basin. Pulse's data library consisted of approximately 340,000 net kilometres of 2D data and approximately 28,264 net square kilometres of 3D data. Pulse is not in the seismic surveying, processing or brokerage business.
The Company's proven business model includes continually augmenting its data library through acquisitions and participation surveys Pulse's business model is based on the enduring value of seismic data, which can be repeatedly re-used by the oil and natural gas industry. Continuous library expansion enables Pulse to generate increased revenues and improve operating efficiencies, supporting high cash operating margins and driving growth in cash EBITDA.
Pulse's outstanding sales and marketing team services a diversified customer base and provides strong project management skills on seismic participation surveys. Our team-based sales approach ensures fast turnarounds for customer data requests.