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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 JesseJon May 03, 2019 12:35am
61 Views
Post# 29704809

RE:RE:RE:RE:RE:RE:Breaking news

RE:RE:RE:RE:RE:RE:Breaking news
Mike im sure your talking about the cathodic violations from crimson . From what I understand those lines were not required for the EOR and Pulse didnt want to waste money transferring garbage assets that if required would be replaced with new lines. Thats why the transfers were denied as they were not going to waste money on engineering assessments for junk assets that would also have cost more money in repairs and transfer fees.
Bullboard Posts