Pulse Data Acquires ReQuest Units

Calgary-based Pulse Data Inc., a TSE-listed seismic data library company, acquired on February 4, 2002 all the trust units of ReQuest Income Trust, a TSE-listed seismic data library trust, in an all-stock transaction resulting in an aggregate enterprise value for the combined company of approximately $80 million.

Pulse was represented by Gowling Lafleur Henderson LLP with a team consisting of John Iredale, Q.C., Brian Mainwaring, Kurtis Kulman, Doug McCartney, Jason McCormick and Hargo Mundi (corporate and securities), Eric Holden (employment) and Alan Rautenberg (tax) in Calgary. Blake, Cassels & Graydon LLP represented the trust with a team that included Brock Gibson and Scott Clarke (corporate and securities) and Ron Mar (tax) in Calgary.