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Bullboard - Stock Discussion Forum
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.
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TSXV:PUL - Post Discussion
Pulse Oil Corp
> When will they start pumping oil?
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stock2008
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Post by
stock2008
on May 19, 2021 3:35pm
When will they start pumping oil?
They said that within 3 months they will be profitable. When they become profitable, what will the shareprice be? How many BOE will they be producing?
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JesseJ
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Comment by
JesseJ
on May 20, 2021 12:18pm
They have said alot over the last 3 years. Little of it has played out like they had hoped. They have barely any money , plugged wells at queenstown and no money to work over. The plant that originally processed bigoray throughput is shut down indefinitely due to profitability. And on top of it you have management that doesnt communicate with investors.... They have done nothing but dilute
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