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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Post by largeinveston Apr 02, 2019 1:27pm

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Post# 29571100

Remember he increased the amount from the Nisku pools by 44%

So the recoverable bbls should be about 16 million now. Assuming $45 cashflow netbacks thats $720 million worth of oil just sitting there we can tap into for about $16-$20 million in intial capex to get it out.

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