Pulse Oil Corp. (TSE:PUL) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Pulse Oil Corp. reports significant progress with its first new drilling operation since 2019, achieving higher than expected production rates, and witnessing early success in its Enhanced Oil Recovery (EOR) program. The company’s innovative EOR technique has improved oil quality and extraction efficiency, and there are plans to expand production by reactivating additional wells. This development is set to boost Pulse’s near-term production and cash flow, while also demonstrating the effectiveness of its EOR strategy.
For further insights into TSE:PUL stock, check out TipRanks’ Stock Analysis page.
