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High Power Petroleum transforming both oil exploration and production

High Power Petroleum is owned by private company I-Pulse, which develops industrial applications for high-pulse power technology.

Scott Aitken, High Power's chief executive tells Proactive Investors the business was formed to leverage that technology across two specific applications within the petroleum industry.

''The expertise at I-Pulse has seen them take a very small amount of energy that you might find in a cellphone battery and then release that energy in the order of a billionth of a second to create very high levels of power during that instant ... that creates significant phenomena that can be utilised to create different types of engineering applications''.

In a very short space of time that produces a shock to the ground and is sufficient in old wells to clear backlogs of debris and shake up a reservoir to boost production rates sharply.

In exploration situations, meanwhile, the technology acts in a similar way to seismic, producing images of ground formations and importantly what lies within them

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