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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 BenVest99on Jul 13, 2009 9:55pm
217 Views
Post# 16134951

RE: RE: Pescod

RE: RE: PescodI'm not an expert of the oil industry and I would like to know if the 12 years development/adoption of WEE's technology is exceptionnaly long or in line with what seems to be a pretty conservative industry. Anybody has seen the development and adoption of other technologies for the oil industry that could be used as a proxy with Powerwave?

One thing I do know however is that if it really takes that long for this industry to shift to a new technology, and if Powerwave finally gets broadly adopted by the big players, it will take a long time before WEE gets any meaningfull competition in its niche and its revenues should be rising for a long time to come. Hopefully this is the scenario that will play out in the long term.

I bought some at $0.70 when it jumped recently and for sure I'm desapointed to see WEE going down like this, but I knew this was speculative and it could go down. I wonder if this his a buying opportunity at this level or if I should wait to add some more.

GLTA
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