TSXV:WEE.H - Post by User
Comment by
pandaron Jun 03, 2014 7:17pm
204 Views
Post# 22626987
RE:News
RE:NewsTeutonic Tom
You're correct ...it's been over 2 years since Wavefront installed on PDO and over 3 years since Wee announced the deal with PDO.
Why no follow-up? ...the whole MENA region is watching!
btw ...lots of deals have been made public by PDO ....for example....
https://www.glasspoint.com/solar-eor-projects/petroleum-development-oman/
https://www.ogj.com/articles/2014/03/bp-lets-contract-for-khazzan-gas-project-in-oman.html
Heaven forbid ...maybe the PDO trials weren't successful? ...would be nice to know either way.
.... the Saudi Aramco stimulation was reported to be successful ....as announced 6 weeks ago....
"In Saudi Arabia Wavefront, through its marketing partner Engineering & Industrial Technology Company successfully completed the first Powerwave well stimulation. The stimulation involved removing fill from a well that impeded production. Based on initial customer feedback Wavefront anticipates that with the success of this stimulation that the Corporation’s Powerwave technology will become a standard whenever a fill clean-out is required."
...sure hoping that we're not waiting 2 plus years for a follow-up on this one!!
GLTA