Another contract!!Another contract just announced with another customer that has over 500 waterfloods!! Things are definitely heating up here!!
2009-09-24 13:15 ET - News Release
Mr. D. Brad Paterson reports
MIDLAND TEXAS OPERATOR TURNS TO POWERWAVE TO INCREASE OIL RECOVERY AND RESERVES
A Midland, Texas-based operator will deploy six of Wavefront Technology Solutions Inc.'s Powerwave systems to increase oil recovery and reserves in an active waterflood.
"We are very excited to be adding another operator, who has 500 water injectors to the growing list of clients who are turning to Powerwave to increase oil recovery and reserves," said Wavefront president and chief executive officer, Brett Davidson. "Powerwave is gaining strong commercial acceptance and Wavefront is in negotiations with numerous oil companies for multiple Powerwave licences. We look forward to announcing new contracts as they are signed in the coming weeks and months."