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Palliser Oil & Gas Corp. PSLRF

"Palliser Oil & Gas Corp is engaged in the exploration, development and production of petroleum including high netback heavy oil in the greater Lloydminster area of Alberta and Saskatchewan."


GREY:PSLRF - Post by User

Comment by Sir_Holleron Dec 20, 2012 2:59pm
145 Views
Post# 20757192

RE: RE: RE: HVL technology

RE: RE: RE: HVL technology

I don't think it's patentable....it would be like patenting waterflood. I think PXL is the only junior implementing HVL and successfully on top of it, one of their wells produced more than 100,000 barrles way past its estimated economic life. Shoot an email to the ceo, he'll be able to answer you with more details.


Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=31936011&l=0&r=0&s=PXL&t=LIST#SvlvmxU8oEuoSmW2.99

In the last presentation PXL said that HVL is not new and has been used in other areas by other companies. It also said that others are now copying it in their area due to the success they've been having.

Concerning making a proprietry advantage, I notice that PXL has Saponja on its Board of Directors. He is also on the Board of WEE.v which has proprietry technology for pulsing fluid into the ground as opposed to static flow. I've wondered if this could be adapted to fit PXL's situation. Cenovus is using WEE's technology in a waterflood in Wainwright. By pulsing the fluid the path of least resistance can be overcome resulting in significantly more recoverable oil.

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