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Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s):  WFTSF

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

Comment by mrtnreaon Nov 15, 2010 8:05pm
213 Views
Post# 17709924

RE: RE: Polymer flood info

RE: RE: Polymer flood infoIt is a cost to get more oil out of an existing resource. the producers will determine if it is worth getting the oil out or not. I suspect that is a no brainer for them and that is why the increasing acceptance of the process.

As WEE shareholders our only concern is if they choose Powerwave to deliver this modified waterflood. Obviously chemical flooding is producing phenominal results and some of these trials have been longish term from what I have been reading.

To your point Brnt:
1 - They are getting acces to oil they previously didn't have access to 
2 - It is definately cheaper tha CO2 and probably much cheaper than drilling new wells .... that I guess because so many wells are being converted to injectors.

Interested in others opinions on this. Could this be Wavefront's achilles heal or tipping point ?

Mrtnrea 
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