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Gold/Mining/Energy
Paradigm Geophysical - PGEOF
An SI Board Since October 1998
Posts SubjectMarks Bans
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Emcee:  Meridian Type:  Unmoderated
Energy Technology Company poised for rapid growth

30%+ 3-5 year EPS Growth
$55 million market cap
$0.50/share or so in '98
$0.75/share in '99
12-month target $10-$15 (depending on which sell-side analyst you believe)

geodepth.com

Paradigm Geophysical Ltd. (NASDAQ symbol: PGEOF) is a seismic data analysis company, which provides computer-aided exploration and production software products and services to the oil and gas industry. Paradigm's enabling technologies through its products and services facilitate the field asset teams of oil and gas companies to explore and model oil and gas reservoirs with uncontested precision and accuracy in depth, so as to reduce exploration and production costs, minimize risk in drilling and increase proven reserves. Paradigm achieves this objective by focusing on three categories of business activities --- providing to the oil and gas industry comprehensive processing and inversion software for volume-based prospect evaluation and mapping, and seismic data processing and inversion services for getting the most out of data. These business objectives are clearly pronounced in the Company's charter statement: "We develop the tools for processing, interpretation and inversion of seismic data, and provide the solutions for earth modeling and imaging to delineate structural and stratigraphic targets".
Tighter schedules and limited resources in recent years have compounded the need for the use of faster, more accurate, and less resource-intensive methods. Paradigm Geophysical, founded in 1988, envisioned an approach, which combined advanced geophysical theories with the latest computer processing and imaging technologies. We set out to develop a technology that was capable of providing a more accurate three-dimensional picture of complex subsurface structures. This development has already initiated a shift of seismic processing paradigms in the oil and gas industry. An increasing number of companies are adopting the Paradigm approach.

For an industry where exploration mistakes and poor site choices can prove expensive, Paradigm Geophysical also provides a unique suite of tools for confirming the validity of its models. You can obtain an interpreted earth model combining subsurface depth structural maps with highly accurate velocity information. The result is a geological framework that can be checked against the seismic image for consistency through an interactive verification and modeling process - a unique feature that ensures exceptionally high reliability throughout the model building process.

Paradigm Geophysical markets its products and services globally to a broad range of customers, including all the major national oil companies and independent E&P companies, as well as seismic processing and interpretation companies.
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