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Pulse Oil dramatically ups daily production after strong start to Bigoray workover

Garth Johnson, chief executive of Pulse Oil Corp (CVE:PUL), tells Proactive that they've managed to lift daily production significantly after kicking off the process of re-establishing output from their recently acquired Bigoray-area assets.

Output has increased from around 70 barrels of oil equivalent per day to more than 300 Boe/d (84-per-cent oil) with the start of Pulse's planned reactivation program.

Pulse expects these wells to further stabilize and settle in after initial flush production at rates of around 250 Boe/d (barrels of oil equivalent per day).

Quick facts: Pulse Oil Corp

Price: 0.03 CAD

Market: TSX-V
Market Cap: $4.55 m

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Pulse Oil planning for an enhanced recovery program at flagship Bigoray

Pulse Oil (CVE:PUL) President Drew Cadenhead and CEO Garth Johnson sat down with Steve Darling from Proactive Investors to talk about the work that was done this winter on their projects including their flagship Bigoray and how this set up the big works schedule for this summer. Cadenhead...

on 04/12/2019

2 min read