Wavefront Technology Solutions Inc V.WEE.H

Recapping recent results

[Outlet_Beach]

Recapping recent results, WEE is deployed in a surprising number of different types of stimulation and EOR, and is now working with all of the major oil field service contractors:

1. Mexico: Wec-Flow deep stimulation:
"Oil incremental recognized because of the treatment with Weatherford's surfactant and Powerwave fluid pulsing: 2325%, 791%"
2. Romania: Armando Sanchez Lona Tweets: Pulsating stimulation results - 50%+ Improvement over traditional techniques for recovering imposed (post-workover) formation damage
"Wavefront will provide to Schlumberger a suite of Powerwave tools to be applied for both
near wellbore (< 4 cm) cleaning of scale as well as for the deep placement (> 2 m) of remedial fluids to address salt intrusion problems that plague production in gas wells"
3. Saudia Arabia: fill cleanout, removing fill from a well that impeded production
4. Argentina: EOR
At the recent 5th conference on “Production and Development of Reserves” held in Rosairo, Argentina, PAE presented initial, early findings of the relatively new Powerwave project originally announced on February 22, 2012. Two Powerwave tools were installed in November 2012 and an additional tool was installed in April 2013. For the three Powerwave - driven waterflood patterns PAE noted positive results including : 1. Minimum incremental oil production of 10 m3/day (~63 bbls/day) associated with Powerwave in the 10 offsetting oil production wells surrounding the three water injectors.
5. Ecopetrol: EOR
"The 31pulsing injection selective valves have been installed for 6 months, and the preliminary results have shown optimization details that conventional laminar flow equipment could not achieve. For instance, in one zone, at the moment of installation there was zero admission of water with conventional selective valves; after the installation, the zone not only recovered injectivity, but it was able to receive 358.9% more bwpd than the historical average."