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Pason Systems Inc.
6130 3rd street S.E.
Phone: (403) 301-3400p:403 301-3400 CALGARY, AB  T2H 1K4  Canada Ticker: PSIPSI

Business Summary
Pason Systems Inc. is a Canada-based provider of specialized data management systems for drilling rigs. The Company develops and delivers hardware, software, and services, primarily for the oil and gas drilling industry in 12 countries. The Company’s solutions include data acquisition, wellsite reporting, remote communications, Web-based information management, and analytics, enabling collaboration between the rig and the office. Its products include AutoDriller, Communications, DAS, DataHub with Pason Live, DataLink, Electronic Choke Actuator (eChoke), Electronic Drilling Recorder (EDR), Gas Analyzer, Hazardous Gas Alarm System (HGAS), Pit Volume Totalizer (PVT) and Toolface Control. Through its subsidiary, Energy Toolbase Software Inc (ETB), the Company provides products and services for the solar power and energy storage industry. ETB’s solutions enable project developers to model, control and monitor the economics and performance of solar energy and storage projects.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023Yes---Yes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board MarcelKessler 56 10/1/2020 11/7/2011
President, Chief Executive Officer, Director JonFaber 44 10/1/2020 3/1/2014
Chief Financial Officer CelineBoston 11/30/2020 11/30/2020
11 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Intelligent Wellhead Systems, Inc. 7633 57 St SE Calgary AB Canada

Business Names
Business Name
Intelligent Wellhead Systems, Inc.
Pason Systems Inc.
Petron Industries Inc.
PSI
Verdazo Analytics Inc.

General Information
Number of Employees: 674 (As of 12/31/2022)
Outstanding Shares: 79,469,821 (As of 3/12/2024)
Shareholders: 59
Stock Exchange: TSE
Federal Tax Id: 760102449
Fax Number: (403) 301-3499
Email Address: techsupport@pason.com


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Monday, March 18, 2024