Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s): WFTSF

Energy Oil & Gas Equipment & Services

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

Wavefront Technology Solutions Inc

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Post by koldrake1859on Jun 30, 2008 1:52pm

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Post# 15244881

GROWTH / YEAR 100% FROM 2009

BNN interview projections are 100 tools in 2008, 500 tools in 2009 and 1000 tools in 2010. It is conservative but it still is 100% growth. With an adressable market of 200,000 wells in the US alone, It is not unreasonable to look for doubling the sales every year for the next 5 years. This means that by the end of 2013 WEE should have an installed base of 15,600 tools ( 8% penetration ) and a revenue of around $560 Million on an annualized basis. And that's being conservative.
Looks good to me !

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