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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

Post by longwolfon Jun 24, 2021 8:35am
91 Views
Post# 33440355

Latest CEO Email 23/6

Latest CEO Email 23/6

BUILD…BACK…BIGORAY!

We were excited to announce some new production recently from our latest Bigoray reactivation but we are just getting started.

Adding new oil production at today’s oil prices is a positive step forward because currently, 100 barrels of oil per day increases oil revenue by $200,000 or so a month.  We like that kind of math and want to keep building our production rates, especially since oil prices are so strong! 

We are trying our best to get moving on a few more wells AND of course we want to get going with our most exciting asset, the Bigoray EOR project. 

Lots of work ahead of us but if that doesn’t get your Pulse beating, we don’t know what will! 

Money!

Well actually that’s a sample of our 12-04 “light” oil!

We like what we see!


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