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Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s):  WFTSF

Wavefront Technology Solutions Inc. is engaged in the advancement of dynamic fluid injection technology for oil and gas well stimulation and improved/enhanced oil (IOR/EOR) recovery. Through its Powerwave technology, it provides the oil and gas industry to place fluids into the reservoir. The dynamic action of Powerwave’s fluid pulses diverts injected fluids away from established flow paths, achieving better fluid distribution. Its patented Powerwave process is an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock. These materials are composed of a solid matrix and pore structure, which contain fluids such as oil and gas. The Primawave process is a method for aiding in-ground environmental remediation clean-up strategies in contaminated sites. Primawave provides the environmental sector with a solution for aiding in the clean-up of contaminated sites. It deals directly with exploration and production companies.


TSXV:WEE.H - Post by User

Comment by BenVest99on Feb 11, 2010 8:53pm
393 Views
Post# 16778317

RE: RE: Valuation Imhof

RE: RE: Valuation ImhofThe journalist did say that wee would probably be taken over by a producer (the one that has used wee for 2 years, i.e Encana) if the technology works.  That is very unlikely at this time IMO considering that WEE is so close to hitting it big with Pemex and the potential of having other producers getting on board this year.

If WEE successfully execute their strategy and diversify their client base quickly enough, as it seems the case right now, they will not be the victim of a vertical integration. If the get taken over, this will be a huge failure for management and the board IMO.

GLTA
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