Pason Systems, Inc.

Pason Systems, Inc.

Pason Systems, Inc.

Date Founded



6130 3rd Street SE,Calgary, AB T2H 1K4

Type of Company


Employees (Worldwide)



Oil & Gas
IT Consulting & Services
Power & Utilities
Market & Policy Research

Company Description

Pason Systems, Inc. engages in the design and production of instrumentation and data management systems for drilling rigs. It operates through the following geographical segments: Canada, the United States and International. Its products include automatic driller, choke control, electronic drilling recorder, enhanced pit volume totalizer, gas analyzer, hazardous gas alarm system, rig communications, rig display, directional system, drilling guidance system, live rig view (LRV), LRV mobile, tour sheet analytics, WellView field solution, SideKick remote display, and DataHub web-based data management system. The company was founded by Ron Mason and Wayne Parks on February 3, 1978 and is headquartered in Calgary, Canada.

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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer

General Counsel & Corporate Secretary

General Manager, United States

President, Energy Toolbase

President, Verdazo Analytics Inc

Vice President, International

Vice President, Operations

Vice President, Commercial

Vice President, Product & Technology

Board of Directors

Former President & Chief Executive Officer at Pason Systems, Inc.

Chairman at Oceaneering International, Inc.

Chief Financial Officer & Vice President at Nycan Energy Corp.

President & Chief Executive Officer at Pason Systems, Inc.

Chief Executive Officer at CopperLeaf Technologies, Inc.

President, Specialty Catalysts at W. R. Grace & Co.

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Owners & Shareholders
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QV focuses on long-term ownership of sustainable businesses that are able to compound growth over the long-term while minimizing the risk of loss. The firm applies a disciplined, consistent approach across all investment strategies. Reasonable value and portfolio enhancement form the basis of their equity selection. They identify and purchase companies with attractive valuations, proven track records and sustainable business models. QV select bonds from quality issuers that demonstrate an ability and willingness to uphold good credit standing. Diversification by issuer, sector and term help minimize risk and achieve stability, liquidity and a positive total return over a long-investment horizon. All investment decisions are supported by their own independent research and analysis.

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Sprott Asset Management USA Inc. ("SAM USA") is an SEC Registered Investment Adviser firm that is a member of the Sprott Group of Companies ("Sprott Group").

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Ancora Advisors aims to preserve and grow their clients’ capital and seeks to invest in companies that are trading at a significant discount to their liquidation or going-concern value. Certain issues may trade below tangible book value. This can occur in times of broad market pessimism or Wall Street concentration with a company’s near-term outlook. Other companies have hidden assets that are not reflected in the company’s financial statements, such as investments in private companies or understated real estate values. Ancora Advisors works to understand catalysts that will unlock the value of the target company’s assets, although the firm may also buy based on a company being too cheap to ignore.

Key Stats and Financials As of 2020
Market Capitalization
Total Enterprise Value
Earnings Per Share
Enterprise Value / Sales
Enterprise Value EBITDAOperating
TEVNet Income
Debt TEV
Three Year Compounded Annual Growth Rate Of Revenue
Net Profit
Total Equity
Total Debt
Non-Profit Donations & Grants
$2,500 - $4,999
$10K - $25K
$2,500 - $4,999
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