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Pulse Oil Restarts Shut-Ins to Boost Production; Preps to Drill New Wells

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   |    Monday,July 30,2018

Pulse Oil recently added approximately 100 BOPD by reactivating another previously shut-in well from Pulse’s 100% owned Bigoray area oil assets.

Pulse expects these mature, long-life wells, such as the latest well that was reactivated to remain stabilized at rates of approximately 75-100 BOE/d (96% oil).

In addition, Pulse has reactivated associated facilities and pipelines as planned, increasing Pulse’s daily production to approximately 300 BOE/D (70% oil and liquids) as well as re-commissioning important infrastructure which will be critical to the Company’s ongoing EOR program.

Prepping to Drill

At Pulse’s Queenstown property, the operations team is preparing surface drilling locations for at least one low-risk Glauconite Lithic Channel horizontal well planned to be spudded later this year.



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