RE:RE:wake up time..... (TSX-V:PUL and PUL.WT) announced today Pulse, via its contracted technical consultant announced on
May 7, 2018, has completed Phase One of the Bigoray Enhanced Oil Recovery (EOR) Modelling Project. The purpose of the modelling project is to create a dynamic reservoir model of Pulse's two Bigoray Nisku reefs, incorporating all petrophysical log data, petrological core and drill-cuttings data, 2-D and 3-D seismic data, and all historical production and pressure data into a single dynamic model. The model can then simulate various development/solvent injection scenarios to ensure Pulse's team make the best decisions to maximize oil recovery from these well-established Devonian-aged oil reservoirs.
Phase One of the EOR modelling project included analysis and interpretation of the logs and petrophysical data associated with every well (15 wells) drilled within the Company's two Nisku pools, followed by analysis and interpretation of every core cut within the two pools (ten cores). The gathering of this data will play a key role in Phase Two of the project, where the petrological and petrophysical data will be incorporated into a pool architecture and structural model built from the Company's 2-D and 3-D seismic data base.