Pulse Oil advances operations in EOR injection project in Canada

(WO) -- Pulse Oil Corp. is pleased to announce that they have continued to advance operations in its primary asset, the Bigoray Enhanced Oil Recovery Project.

Pulse announced on Dec. 9 that it has safely completed all on-site construction, solvent storage, commissioning and regulatory approvals, and has now started injecting solvent into its Nisku D Pinnacle Reef. It is the first of two reefs owned 100% by Pulse, located in the Bigoray area of Alberta, Canada.

Pulse’s CEO, Garth Johnson commented “Our team has stuck together over some very tough times the last few years, but we never lost sight of getting this EOR project underway.”

Pulse’s EOR program is designed similarly to other successful Enhanced Oil Recovery (“EOR”) projects completed in the nearby area; however, they are using the newest technology and a full-field modeling characterization study completed by world-leading independent experts.

Pulse’s Nisku-D pool EOR program is designed to increase reserves, production and cashflow significantly in 2023, allowing Pulse to further fund the EOR injection in Pulse’s 100% owned 2nd reservoir in the area (Nisku E-pool).