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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 impegaon Jun 27, 2019 1:43pm
52 Views
Post# 29870655

RE:RE:Pumping

RE:RE:PumpingThere are so many variables it is hard to estimate current production, but I have in mind that production will be at least 1000 bbls a day. Hopefully we will hear some stabilized flow rates soon. How long will they pump the 2 Bigoray wells before converting to injection? I suspect the Bigoray EOR program will get pushed back while they figure out how much capital they need to raise.
Bullboard Posts