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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

Post by pandaron Aug 05, 2014 7:06pm
228 Views
Post# 22811734

how much WEE is able to charge per valve from those numbers?

how much WEE is able to charge per valve from those numbers?Can we get an idea of how much WEE is able to charge per valve from those numbers?


The installation of the 22 Powerwave pulsating selective waterflood regulator valves installed in 7 wells with Ecopetrol means that Wavefront will commence revenue recognition on the majority of the project
Read more at https://www.stockhouse.com/companies/bullboard/v.wee/wavefront-technology-solutions-inc#bm3StdRfkLfhYxo8.99


EDMONTON, Alta., April 29, 2013 .... Ecopetrol operates 163 production fields in Colombia, directly and/or in association with other important domestic or multinational operators. The approximate US $600,000 Powerwave contract is being led by the Flow Assurance Group of Ecopetrol.


....In April 2013, Ecopetrol replaced 31 conventional selective valves in its Yarigui-Cantagallo field in Northern Colombia with 31 pulsing injection selective valves on 7 well injectors with selective completion with side-pocket mandrels.


US $600,000 divided by 

31 pulsing injection selective valves  =

approx.  $20,0000 per unit

Read more at https://www.stockhouse.com/companies/bullboard/v.wee/wavefront-technology-solutions-inc#0OlwE8Fjzm4zIK4P.99

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