Pason Systems Inc. (PSI.TO) TSX

11.35

+0.15(+1.34%)

Updated at August 18 04:00PM

Currency In CAD

Pason Systems Inc.

Address

6130 Third Street SE

Calgary, AB T2H 1K4

Canada

Phone

403 301 3400

Sector

Energy

Industry

Oil & Gas Equipment & Services

Employees

678

First IPO Date

January 23, 1998

Key Executives

NameTitlePayYear Born
Mr. Jon Faber C.F.A., CPA, CBVPresident, Chief Executive Officer & Non-Independent Director998,7801979
Mr. Ben ThomasDirector of Support Services - United States Business Unit145,000N/A
Mr. Bryce McLeanVice President of Operations541,223N/A
Ms. Celine BostonChief Financial Officer541,223N/A
Mr. Timur KuruPresident & GM of United States1.04M1975
Mr. Lars OlesenVice President of Product & Technology0N/A
Ms. Heather HantosVice President of Human Resources0N/A
Ms. Natalie FenezVice President of Legal & Corporate Secretary0N/A

Description

Pason Systems Inc., an energy services and technology company, provides data management systems for drilling rigs in Canada, the United States, and internationally. The company offers Electronic Drilling Recorder, which monitors and records drilling operations around the rig; DataHub for storing data and information collected from the rig for on-demand retrieval; DataLink service provides direct connection interfaces for IT systems and analytics tools; Pason Live for monitoring rig operations in real-time using desktop computers or mobile devices; and daily and end-of-well KPI reports provide visual statistics on rig performance. It also provides Drilling intelligence to suggest drilling parameters, detect disfunction, and send event alerts to onsite personnel and remote engineers in real time; and Drilling automation, a reality across rig platforms. In addition, the company offers Pason Gas Analyzer for real-time gas measurement; a robust system of alarms and sensors to monitor ambient gasses in the atmosphere and in the drilling fluids; and Pason Pit Volume Totalizer to track the volumes, gains, and losses of drilling fluids on location. Further, it provides field support, monitoring, drilling optimization, and office support for data integration. The company serves E&P operators, drilling contractors, and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.