Pulse Oil Corp. Announces Acceptance as a Presenter at the Sis Global Forum in September 2019

Company Pulse Oil Corp. 
Tags Strategy - Corporate
Date June 27, 2019

Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) is pleased to announce that Pulse has been chosen to present at the prestigious "SIS Global Forum" September 16 to 19 in Monaco, presenting a paper titled "Reviving a Mature, Watered-Out Fractured Carbonate Reservoir: An Integrated Approach to Design a Miscible EOR Scheme for two Bigoray Nisku Pools in Alberta." More information on the Global Forum can be found at: https://www.software.slb.com/sis-global-forum-2019.

Details of the SIS Global Forum:

The SIS Global Forum 2019 is a highly technical global conference which focuses on driving digital vision into reality through technology, collaboration, and openness in the oil and gas industry.

Pulse will present the findings of its geotechnical study of the Bigoray Nisku D and E oil pools. This in-depth study was completed with the invaluable resources and expertise of Schlumberger Canada Ltd., one of the world's leading providers of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The study was deemed critical by Pulse's management team to ensure proper diligence was conducted prior to the physical implementation of the EOR schemes.

The three main components of the study were:

  1. Geological Study
  2. Geological and Geophysical Modelling
  3. Reservoir Simulation

The end result of this work has provided Pulse with a dynamic reservoir model, using the full-field model built from the initial development plan, integrated with the latest data acquired from surface 3-D seismic, single well logs, core data and inter-well data. Importantly, the application of all of the reservoir data, coupled with detailed production history and integrated into a digital dynamic vision of EOR potential performance resulted in the Schlumberger conclusion that "oil recovery from the subject Bigoray Nisku pools could potentially be doubled by implementing the EOR scheme investigated." The pools have recovered over 9 million barrels of sweet medium-light crude oil to date.

More information on the abstract can be found at: https://www.software.slb.com/sis-global-forum-2019/themes/reservoir-engineering-and-simulation.

Source: EvaluateEnergy® ©2020 EvaluateEnergy Ltd