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Mackie Research Capital Corp. Issues Updated Report

December 20, 2018 0 admin

“1st Mannville horizontal oil well encounters high quality reservoir; 2nd horizontal to spud within days”

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Pulse Oil Corp. announced that its first horizontal Mannville oil well (“16-15”) has been drilled and cased on time and on budget and encountered high quality reservoir and oil shows throughout the lateral section of the well.

Pulse has already spud (on December 19, 2018) a second horizontal Mannville oil well (“12-9”) from the same surface location but in the opposite lateral direction. After drilling is complete, multi-stage frac operations on both wells are planned to commence right away which could boost oil production in early Q1/19.

Figure 1: Pulse surface and target horizontal drilling locations

Merry Christmas and a Happy New Year to all our shareholders! The whole Pulse team is looking forward to what 2019 brings!

To learn more about Pulse Oil Corp., please visit www.pulseoilcorp.com and please read Pulse’s “Reader Advisory” related to forward-looking information within the meaning of applicable securities law at http://www.pulseoilcorp.com/disclaimer/.

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