• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days The United States produced more crude oil than any nation, at any time.
  • 6 days How Far Have We Really Gotten With Alternative Energy
  • 13 hours e-truck insanity
  • 6 days China deletes leaked stats showing plunging birth rate for 2023
  • 8 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 5 days Bad news for e-cars keeps coming

Alberta’s $11.2 Trillion Oil And Gas Deposits

Below the hills of Alberta, Canada lies a massive ocean of oil.

According to Barclays and the latest CIA Factbook data, this area now has the third largest ocean of oil behind Venezuela and Saudi Arabia!

And one little-known company is quietly working to unlock this incredible resource.

Using newly available oil extraction technology, it is easier than ever to siphon the proven liquid oil out of these prolific oceans.

Central to this deposit is an under-explored formation, the “Nisku Pinnacle Reef,” where vast oceans of oil are locked in “tanks” just beneath the surface.

And the new company working to bust it wide open?

Pulse Oil (TSXV: PUL.V).

Breaking Update: Pulse (TSXV: PUL.V)  has just reported an increase in production from its 100% owned Bigoray area oil assets, while at the same time it has reactivated associated facilities and pipelines that will be critical to its ongoing EOR program.

The management team at Pulse has just taken over operations on their two 100 percent owned Nisku Pinnacle Reefs. Recent acquisitions in Q4 2017 place Pulse atop the Western Canadian Sedimentary Basin, which contains enough oil to sustain 4,000 boe/d of planned production in just a couple of years.

This little company has no debt, positive working cashflow and assets progressing quickly along the development path to create much greater shareholder value .

Revenue is planned to grow by a whopping 926 percent by 2019…and another 421 percent on top of that by 2021.

And the timing couldn’t be better, with oil prices soaring as the Iran deal comes undone and Venezuela falls further into crisis. Many companies are looking to Canada to replace their oil shortages, and Pulse is putting itself into position to provide.

The team behind Pulse has rewarded investors before too: they turned a $2 million market cap firm called Tag Oil to a $662 million success…an increase of 33,000 percent.

Plus, the two men leading Pulse (TSXV: PUL.V) have invested $1.3 million of their own money, in order to acquire Pulse’s Nisku Pinnacle Reef operation.

But this relatively small investment could lead to massive profits for them…and regular investors with the foresight to invest alongside them...

Here are 5 reasons to watch Pulse, before this story becomes widely known.

#1 Drilling Canada’s “Pinnacle Reefs”

Instead of exploring for oil and gas assets, Pulse (TSXV: PUL.V) takes a different approach: acquiring properties with known deposits... that may not have been developed to their potential for lack of perseverance, poor acquisition metrics or using the wrong technology.

There are hundreds of potential assets out there: Pulse selects what it considers the best ones and the team behind it has a track record of making value driven acquisitions that have delivered major results for investors.

The “Nisku Pinnacle Reef” trend in Western Canada is the perfect candidate for Pulse’s plans. Located on the Western Canadian Sedimentary Basin, this “play” is one of dozens of isolated reservoirs... oceans of oil... and current prices making it more valuable day by day.

The Pinnacle Reefs are basically oceans of oil locked just below the surface. Like the huge shale deposits of the Permian Basin in West Texas, the oil lay unattainable for decades—but now, new technology makes it easier to tap into each reef and realize production of liquid oil even in a short time frame. Even better, this growth can be achieved with little risk ---- lots of oil is proven to be there and now it’s up to the team to use technology to get it out.

It’s almost like the Texas oil rush is happening today... just 1,500 miles north... and with improved technology.

In 2017, Pulse acquired two major properties at Bigoray and Queenstown. Bigoray sits right on top of the Nisku Pinnacle Reef trend. Queenstown sits within the fast paced, successful major Mannville oil and gas trend. The company now has a 100 percent stake in both its properties.

So, rather than go after high-risk assets, Pulse looks for the diamonds in the rough that can be acquired cheap, provide immediate production growth and can potentially deliver home-run results within a couple years.

And these look like quality finds.

The Bigoray area of Western Canada contains fifty-two separate pockets of oil—50 have been developed today and have recovered an average of 80 percent of the Oil in Place (OOIP). Pulse’s two 100 percent owned Nisku Pinnacle reefs have 26 million barrels of OOIP and Pulse has a plan in place to recover up to 80 percent. All told, the deposits in the whole province are worth $11.2 trillion.

#2 Why Pulse Oil's Revenue Is Planned to Surge 926 percent by 2019

Let’s take a look at just one of their top opportunities...

The Nisku Pinnacle Reef trend within Pulse’s Bigoray assets contain “tanks of oil” and are 1-2 km across, 100-150m thick. 50 of the 52 pinnacles have already been explored recovering an average of 80 percent of OOIP, Pulse’s two Reefs have had confirmed that they contain OOIP estimates of 26.5 million barrels--$2 billion at current prices, with a recovery rate potential as high as 80 percent based on analogs in the immediate vicinity.

Pulse (TSXV: PUL.V) is hoping to extract at least 6-8 million boe at what are thought to be conservative estimates, with potential as high as 10-12 million boe, which would yield at least $175 million in revenue at today’s prices.

The find could be a “home run” for Pulse, which only spent $3.2 million in cash acquiring it (plus $1.68 million in stock).

Oil prices have doubled since 2016, with Brent crude pushing $75 a barrel.

At those prices, Bigoray is hoped to become a cash cow. As production ramps up, Pulse has the potential to see multi- millions of dollars in revenue.

NPV10 Potential Based On Netback Per BOE

55 percent RF

NPV10

Potential

60 percent RF

NPV10 Potential

65 percent RF

NPV10 Potential

70 percent RF

NPV10 Potential

75 percent RF

NPV10 Potential

80 percent RF

NPV10 Potential

$25.00

$131 million

$164 million

$197 million

$230 million

$263 million

$296 million

$20.00

$104 million

$131 million

$157 million

$184 million

$210 million

$236 million

$15.00

$78 million

$98 million

$118 million

$138 million

$158 million

$177 million

$10.00

$52 million

$65 million

$79 million

$92 million

$105 million

$118 million

$5.00

$26 million

$33 million

$39 million

$46 million

$53 million

$59 million

 

The overall gross market value of Bigoray could be an NPV$263 million (higher if oil prices keep climbing) as per the chart above.

Pulse’s second property, Queenstown, is a cash flow machine. The first discovery well brought in an immediate flow of 600 boe/d. While the reserves at Queenstown are smaller now, the find is an easy horizontal development drilling play and should fill Pulse’s coffers quickly with 20 infill development well targets already identified on 3D seismic.

According to the most recent estimates, both of these properties have already provided combined proven and probable reserves equal to $24.3 million. That’s 4X what Pulse paid in late 2017 to acquire these assets.

In 2018, Pulse estimates production from Bigoray and Queenstown combined to increase from $700,000 to $7.18 million at current oil price—an increase of 926 percent.

And that’s just the beginning. Pulse has two Nisku Pinnacle Reef operations at Bigoray, plus dozens of low-risk, low-cost drilling opportunities at Queenstown. And to top it all off, an executive team that has proven themselves as successful acquirers of undervalued assets that created large returns once under their control.

And that’s just the beginning. Pulse has two Nisku Pinnacle Reef operations at Bigoray, plus dozens of low-risk, low-cost drilling opportunities at Queenstown. And to top it all off, an executive team that has proven themselves as successful acquirers of undervalued assets that created large returns once under their control.

#3 Future Growth

Right now, Pulse (TSXV: PUL.V) has invested up to $2 million in Queenstown and $4.88 million in Bigoray. And these properties could pay out in a big, big way.

Between the two properties and new assets, Pulse hopes to have over 10,000 boe/d by 2022.

If prices remain relatively constant at or near $70/barrel, that’s a revenue stream equal to $255.5 million.

The proven reserves at Bigoray have been reassessed at 287 percent more than what was initially estimated, with discoverable petroleum initially in-place (DPIIP) of approximately 26.5 million boe.

The company has forecast a 926 percent increase in revenue from its properties by 2019.

Then, in 2019, revenue is planned to increase by another 421 percent--provided oil prices stay at or above $70/barrel.

So, in a handful of years, this little $7 million firm could be worth up to $255 million total asset value.

#4 The Team Behind Pulse Have Rewarded Investors With a 33,000 percent Gain Before

The team behind Pulse has rewarded investors with a 33,000 percent gain in a previous project.

Pulse (TSXV: PUL.V) is a dream-team of two long-time colleagues who have already made it big on the TSX stage. Now they’re working to do it again.

Drew Cadenhead and Garth Johnson form the top of Pulse’s leadership ladder. Both men have extensive experience in oil and gas. Cadenhead has worked in O&G for 37-years and is well-versed in both management and technical aspects. Johnson is a CPA with decades of experience developing assets and creating wealth for shareholders.

Johnson and Cadenhead have worked together for fifteen years. Before starting Pulse, they managed TAG Oil, raising it from a $2 million market cap all the way up to $662 million, lifting the share price from $0.06 to $11: an increase of 33,000 percent.

All told, the Pulse Board and Leadership team has 250+ years of combined oil and gas experience.

Pulse’s leadership have skin in the game—they’ve invested $1.3 million of their own money in the Pinnacle Reefs of Western Canada, and now they’re working towards their big pay-off.

#5 A Bright Future

Pulse’s (TSXV: PUL.V) timing couldn’t be better. Oil prices have risen steadily recently, creating a bull market, maybe the strongest in decades.

This little company has invested a relatively small amount of capital into two properties, which thanks to rising oil prices should pay out big time.

“Pulse is positioned with no debt, positive working capital and growing cashflow,” said said CEO Garth Johnson, and he announced plans to reach 500 boe/d by Summer 2018 to kick off Pulse’s growth plan. The Company just acquired 100 percent of their assets in late 2017 and weren’t even public until mid-2017!

At current prices, that extra production equals annual revenue of $13.3 million. And that’s just the beginning.

By 2022, Pulse hopes to be pumping out 10,000 boe/d, a revenue stream worth an annual $266 million at today’s oil prices.

Then first target is a 926 percent increase in revenue by 2019…then another 421 percent targeted increase by 2022, if prices stay where they are now.

But then again, prices could go even higher. A number of catalysts could send prices up to $80 or even higher.

Geopolitical risk is back. War in the Middle East, tariffs on China and tensions in Korea could send prices higher. Production in Venezuela continues to fall. And now the Iran deal has lost the U.S., Iranian production could be about to sink, making a tight oil market even tighter.

Consumers in North America may start looking for reliable oil and gas deposits closer to home.

Then, there’s the historically low investment in new production. During the lean years of 2014-2017, companies slashed exploration budgets. Now, the future market looks like it could be under-supplied.

Even the historic growth in the Permian Basin could be held back by a lack of infrastructure.

All this should benefit Pulse Oil. Its assets in Alberta could be worth multi-millions…and if it expands, it only needs to tap in to additional “Pinnacle Reef” oil for its portfolio.

Investors should watch out: this tiny company could soar.

http://www.businessinsider.com/countries-with-biggest-crude-oil-reserves-2015-7#4-iran-7

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements. Statements contained in this document that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of Pulse. Such statements can be generally, but not always, identified by words such as “expects”, “plans”, “anticipates”, “intends”, “estimates”, “forecasts”, “schedules”, “prepares”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. All estimates and statements with respect to Pulse’s operations, its plans and projections, oil prices, recoverable oil, production targets, production and other operating costs and likelihood of oil recoverability are forward-looking statements under applicable securities laws and necessarily involve risks and uncertainties including, without limitation: risks associated with oil and gas exploration, development, exploitation and production, geological risks, marketing and transportation, availability of adequate funding, volatility of commodity prices, imprecision of reserve and resource estimates, environmental risks, competition from other producers, LLR estimates, dates of commencement of production and changes in the regulatory and taxation environment. Actual results may vary materially from the information provided in this document, and there is no representation that the actual results realized in the future will be the same in whole or in part as those presented herein. Other factors that could cause actual results to differ from those contained in the forward-looking statements are also set forth in filings that Pulse and its independent evaluator have made, We undertake no obligation, except as otherwise required by law, to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors change.

Exploration for hydrocarbons is a speculative venture necessarily involving substantial risk. Pulse's future success in exploiting and increasing its current reserve base will depend on its ability to develop its current properties and on its ability to discover and acquire properties or prospects that are capable of commercial production. However, there is no assurance that Pulse's future exploration and development efforts will result in the discovery or development of additional commercial accumulations of oil and natural gas. In addition, even if further hydrocarbons are discovered, the costs of extracting and delivering the hydrocarbons to market and variations in the market price may render uneconomic any discovered deposit. Geological conditions are variable and unpredictable. Even if production is commenced from a well, the quantity of hydrocarbons produced inevitably will decline over time, and production may be adversely affected or may have to be terminated altogether if Pulse encounters unforeseen geological conditions. Adverse climatic conditions at such properties may also hinder the Company's ability to carry on exploration or production activities continuously throughout any given year.

DISCLAIMERS

PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company to disseminate this communication. In this case the Company has been paid by PULSE OIL seventy-five thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. We have been compensated by PULSE OIL to conduct investor awareness advertising and marketing for TSXV:PUL. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing the Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investing is inherently risky. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits similar to those discussed.

 

Oilprice - The No. 1 Source for Oil & Energy News