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.

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Wavefront Technology Solutions Inc

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Comment by Outlet_Beachon Sep 22, 2011 1:02pm

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Post# 19072488

RE: RE: RE: RE: RE: RE: ~$35 million net of cash

Wainwright is the most impressive on a percentage production increase basis, but Wainwright started at a much lower production level.On a net gain of bopd, the results are in the same range: Months Installed PW net gain bpodHarmatttan 6 72.0Coleville 16 50.2Wainwright 39 84.8Chauvin 9 86.5Taber 24 47.0Chauvin has a higher net gain than Wainwright after only 9 months and Harmattan appears likely to exceed Wainwright as their trial progresses.A net gain comparison shows that the powerwave ability to sweep bypassed oil is more consistent than appears to be the case on a percentage gain basis.

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