Pulse Oil Corp V.PUL

Oil & Gas E&P

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.

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Pulse Oil Corp

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Comment by skyhi0on Dec 28, 2018 9:23am

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Post# 29163674

RE:RE:RE:RE:RE:RE:RE:RE:RE:Mackie Update-Positive

This weekend should bring the finish of the 2nd well and commencement of the fracking. Update, News and production very soon.

This first well was spudded on December 6, 2018 and took 10-days to complete drilling operations as planned. The indicative results of this first well has led the Company to commit immediately to a second well; the Nabors #28 drilling rig will now be re-positioned on the same surface location and will begin drilling operations on the second Pulse well within the next few days. Once both wells have been drilled, the drilling rig will be released and multi-stage frac operations will be conducted. The wells are expected to be completed and tested in January with new production established immediately in 1st Quarter 2019.
Read more at https://www.stockhouse.com/news/press-releases/2018/12/18/pulse-oil-corp-announces-first-well-drilling-operations-completed-at-queenstown#RPCFgj2FTBaJI9Yr.99

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