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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 18, 2018 3:26am
75 Views
Post# 28824919

RE:RE:RE:RE:Presumable increase in work program

RE:RE:RE:RE:Presumable increase in work programThx burke....suspect it's because it hasn't cleared the exchange yet, and the money isn't in hand yet. Non the less, nice to see these guys move forward with the plan, next week they will have another Bigoray well to reactivate and the stream of good news will continue for quite a few months from here. I was a buyer today, added to my position at the placement price as I feel the assets are worth more than the market cap has reflected. The company is in the execute stage and this team has thus far showen they are more than capable, and with some drilling success in Queens, things look quite positive. I based my valution on Bigoray on it's own as it's more or less proven, in addition to the top of the 2 reefs having never been drilled.
Bullboard Posts