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

Bullboard Posts

Comment by brnt999on Aug 02, 2010 6:11pm

290 Views

Post# 17315679

RE: Price of oil,,,gas

Someone on this board made the point that the lower the price of oil the better it is for Wavefront. The lower the price of oil the more oil companies are forced to squeeze every nickle and dime in efficiencies out of their operations. If they can rent a Powerwave for 5,000 a month and get an extra 30,000 a month in revenue at 40 dollars a barrel they are more motivated than if the price of oil is a 100 dollars a barrel. At a 100 dollars a barrel the pressure is off to squeeze efficiencies.

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