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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: 0.015 CAD

Market: TSX-V
Market Cap: $2.27 m

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