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Pulse Oil Corp V.PUL

Pulse Oil Corp. is a Canada-based oil and gas exploration company. The Company is primarily focused on the implementation of a solvent flood enhanced oil recovery (EOR) project on two Nisku Pinnacle reefs at its 100% owned Bigoray property in west Central Alberta. The project includes two Nisku pinnacle reef reservoirs that have been producing sweet light crude oil for over 40 years. The Company's 100% owned and operated Bigoray Assets consist of proved and probable reserves of approximately 5,324,400 barrels of oil equivalent (BOE) and covers approximately 3,941 net acres of land. The Company also operates and has a 100% interest in Queenstown Assets, which consists of approximately 183,000 BOE and consists of 4,781 net acres of land. Its wholly owned subsidiary is Pulse Oil Operating Corp.


TSXV:PUL - Post by User

Bullboard Posts
Comment by anymuseon Oct 11, 2018 4:46pm
100 Views
Post# 28784158

RE:Wish i had time to go long

RE:Wish i had time to go longYou won't get a better entry price than todays levels.All the pipeline infrastucture to send oil and gas at Bigoray to market is already there, has been for years, and Pulse owns 100% of it all. There's about 12 million barrels at Bigoray without counting the 2 tops of the reefs which have been indentifyed from the recent 3D, which have never been drilled. The upcoming Queenstown drilling in Q4 sounds rather exciting, not sure about infrastructure to get production to market there. This stock would be much higher if it wasn't for the Canadian oil discount and the carbon tax which Enbrdige stated can add 100k to the cost of one well just for the deisel to drill. Hoping Notely does something re carbon tax as that would return the competiveness to our industry here. I expect 50% at a min to be added to todays share price in the next 6 months, small share float here, so the upside is very good imo. Great management.
Bullboard Posts