TSXV:WEE.H - Post by User
Post by
Zorro99on Apr 23, 2014 11:06am
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Post# 22481187
Folks, let's not hold our breath until we see financials....
Folks, let's not hold our breath until we see financials.... Although, this NR is promising !!!!!
Wavefront has placed a strong focus on well stimulation with these efforts bolstering activity in the product line. For the period September 1, 2013 to March 31, 2014 the Corporation has completed 616 Powerwave stimulations worldwide. According to a June 2011 Bcc Research report the well stimulation market is in excess of $1 billion annually as virtually all wells periodically (18 to 36 month time frame) require some form of stimulation to enhance production or injection. Wavefront's clients have included major oil and gas companies as well as all of the major oil field service contractors.