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 Oilman36on Jan 26, 2019 1:13pm

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Post# 29285016

RE:RE:RE:RE:RE:Glauc well just west

nobody knows a decline rate for these wells yet, nor do we know the oil/gas ratio. One can only speculate based on ppr. there avg wells are 330 /day and after 2 year ( exit 2020) would be between 50 -75 beod. Sig is absolutely right tho, these wells are cheap and would be paidout in a year. But because they need high production from these wells for their exit 2020 numbers they will be drilling them in 2020 not 2019

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