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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 intrepidcdnon Oct 25, 2010 11:42pm
305 Views
Post# 17610721

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: News Due

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: News DueThe # of installations will definitely affect WEE's bottom line. The point to ponder is who controls the # of units installed.  As I understand the situation, WEE contracts to supply the units on a lease basis; the oil producer based on the operating history of a well, the production #'s, the price of oil etc. makes the decision as to when the installation of the Powerwave unit will take place.  Units not being installed when the lease agreement is signed is in my view more of a reflection of the economics of that well or field  then it is of what the oil company believes the Powerwave unit will do to the oil production.In many ways, the timing is everything. The oil company times the Powerwave installation so as to maximize the bottom line for its shareholders: not  to make WEE's bottom line look good at year end.
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