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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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Comment by Barruchon Oct 08, 2008 2:44pm
441 Views
Post# 15514183

RE: Why I still hope.

RE: Why I still hope.

  I agree 100%, if oil continues to fall WEE's technology will give oil producers an economical way of increasing production in order to bring revenues back up. Also I believe WEE's technologies, once installed and production is increased allow producers to increase their reserve calculations.


  I didn't see Jim Letourneau at the Resource Conference, I walked past his booth several times, didn't see him.

 I emailed him a few questions, here's an abreviation of his reply;

 Brett will be asked back to BNN in ~3 months for an update.

 He doesn't expect results from every project to be released, ther are enough projects that individual results are immaterial. 
 

 They still have~ $23 million in cash.

Barruch

 

 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities