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Pulse Oil Corp V.PUL

Oil & Gas E&P
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

Pulse Oil Corp > I3energy
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Comment by loopsbutterflyon Nov 14, 2023 10:27am
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Post# 35734259

RE:I3energy

RE:I3energyIt was a red flag when the main seller(the assetts purchase agreement)started to unload their shares in the open market....they were in the know as they have been unable to put it into production...far too much problems....

Finally Pulse Oil have probably pay a little bit too much for all the money they need to make the assetts profitable for them...

the big hurdle is to growth that business without dilution but unfortunaly it will be dilutive...

just my 2 cents
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