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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 CriticalMind55on Feb 03, 2022 9:09pm
126 Views
Post# 34395675

A quote regarding a thrid-party estimate, of great potential

A quote regarding a thrid-party estimate, of great potentialOur EOR program, as we’ve news released in the past can based on independent 3rd party estimates, can produce thousands of barrels of oil per day + gas once we start the EOR injection process so that’s our goal this year. In terms of an exit rate, I think that’s something we need to communicate to the whole market at one time so we stay onside of all the disclosure rules. Once we lock down the final timeline to implement we will get that type of info out to everyone. I’m hoping it won’t be too much longer.
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