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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 Quimbyon Aug 20, 2008 12:41pm
288 Views
Post# 15397773

Wavefront to aid West Texas waterflood

Wavefront to aid West Texas waterflood


EDMONTON, Aug. 20, 2008 (Canada NewsWire via COMTEX News Network) --

TSX-V: WEE

Pink Sheets: WEESF

Wavefront Energy and Environmental Services Inc. ("Wavefront"), a world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration is pleased to announce that Powerwave will be deployed in a commercial project in Mitchell County West Texas. This is the third commercial Powerwave project slated for the oil-prolific West Texas region.

Wavefront President and CEO Brett Davidson stated, "We have made considerable advancement in the oil sector now having a total of 24 Powerwave systems installed, a further 51 systems confirmed to be installed, and an additional 23 systems pending final authorization. Depending on client scheduling, management anticipates that the bulk of the Powerwave systems should be installed by the end of the calendar year."

Mr. Davidson further commented, "This has been a breakout year for Wavefront in both the energy and environmental sectors where field results related to Powerwave and Primawave have led to substantial interest from the user community in the injection methodologies. With continued positive results management remains confident that Powerwave and Primawave will quickly become the injection methods of choice in the respective fields of use."

About Wavefront Energy and Environmental Services Inc.

Wavefront is a technology-based company with a focused, strategic plan to leverage the value of our intellectual property in order to maximize oil production recovery operations, as well as provide additional solutions for environmental applications.

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