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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

Post by astuteinvestor1on Jan 11, 2015 5:26pm
244 Views
Post# 23307539

Oil price

Oil priceFor those of us who have followed the oil price over the last  three decades, we know that the price of oil is dictated more by geo politics rather than supply and demand. I'll bet that there is no one who knows the exact picture of supply and demand.  Remember peak oil? If you were Putin you would be contemplating your next move, which would drive oil prices higher. This can happen only if there,s political instability. This could happen in Saudi Arabia and you could see oil prices spiking up. If we had a competent management at WEE, they would have capitalized on this situation.  EOR is the least expensive way of replenishing your deteriorating reserves. Alas we don't have a management team that's capable of taking advantage of the current situation.
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