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Pason Systems Inc. - Company Profile Snapshot

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Company Profile: Pason Systems Inc.
Ticker: PSI
Exchanges: TOR
2009 Sales: n/a
Major Industry: Electronics
Sub Industry: Miscellaneous Electronics
Country: CANADA
Employees: 351

Business Description
Pason Systems Inc.. The Group's principal activities are to design, manufacture and rent specialized instrumentation for use on land based drilling and service rigs. The Group rents equipment package that includes Electronic Drilling Recorder (EDR) system, Pit Bull Pit Volume Totalizer (PVT), Electronic choke systems rental and Internet data Hub. EDR is a system of instrumentation and monitoring equipment, which acts as a base for all data, captures data display and communications at the wellsite. PVT is a proprietary solution for the detection and early warning of kicks or hydrocarbons entering the wellbore while drilling. The Group's total gas system measures the total hydrocarbon gases exiting the wellbore, this shows the depth where the gases were produced. The Group operates in Canada, the United States, Mexico and Argentina.

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