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 32wickon Oct 02, 2010 12:01pm

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Post# 17521447

RE: $25 Million for Just $2 Million:

Holler

Wee has struggled to even draw $6000/mth for tool rentals. What makes you think they could do even better? Is this just wishful thinking on your part (my part too, actually) or are you basing this on information you are privy to?

Thanks for your response

32wick

1. Could WEE be negotiating a site-specific deal with Cenovus for greater than $6,000, per month, per Powerwave unit, given the compelling economics demonstrated in their specifc field? If WEE charged $9,000, per month, per unit, Cenovus would still make $25 million on the $3 million in Powerwave lease fees.