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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 skyhi0on Jan 13, 2020 2:54pm
94 Views
Post# 30547560

RE:RE:All that stands in between

RE:RE:All that stands in between  Yah! I felt betrayed by the Queenstown deal when the prior funding implied we would get our first Bigoray well. I think Drew thought it would be a heros calculated risk and that those Queenstown revenues (didn't happen) would drive both wells at Bigoray. But now we need another $10M. Id sure want a guaranty that the money goes 100% to the b-ray project ... no costs skimming... before I'd buy into a new financing! I'm sure if you had $10m you could negotiate a good deal and box office seating to watch the outcome.
Bullboard Posts