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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

Comment by CLOUDERon Jun 06, 2022 9:22am
173 Views
Post# 34733613

RE:RE:RE:RE:OIL UP BIG AGAIN.

RE:RE:RE:RE:OIL UP BIG AGAIN.Actually stock, PUL has  770 million shares FD. and about 450  BOE at the moment. PUL just raised $10 million to get the tertiary flush going,and the warrants will get them another 13 ish million but i don`t think they will be needing that with the oil price  were it , and  is going according to smarter people then me. PUL`s  marckt cap is now about $50 million with these new shares,and  at  6 cents, i wonder what PUL`s  marcket cap will be when they are at 2000 BOE or 3000  BOE + with this flush (that has been proven many times in this area) ,with no debt,no hedges,i don`t think PUL will be a 6 cent stock in that environment.  
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