TSXV:WEE.H - Post by User
Comment by
pandaron Dec 14, 2016 10:22pm
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Post# 25602146
RE:RE:More Armando
RE:RE:More ArmandoTeutonic Tom ...I'm not arguing. The company appears to be moving forward internationally for a few reasons...
...there's always been a lot of potential with Wee and their well stim technology and more so now that Saudi Arabia and Kuwait have vetted and approved the technology for commercial use.
...Bahrain is now trialling Wee stim tech and I think it's safe to assume they will follow suit and allow Wee tech to be used commercially on their wells.
National Petroleum Services is a Middle East based service provider that continues to showcase Wee technology on their website's homepage.
Oman continues to use Wee technology ...although to what degree is unknown.
Management has kept shareholders informed of their business plans to expand in the Middle East and has kept them apprised with timely news releases ...Saudi Arabia, Kuwait, and Bahrain.
Management also mentioned a move into the United Arab Emirates and Egypt ...we're still waiting for an update. Perhaps after the Egypt Petroleum Show in Cairo (February 14 - 16) we'll have a better idea.
Waveaxe ...we continue to wait for an update.
In the meantime, I'm looking forward to the Year End report (due out within the next few days) and the 1st Quarter report (end of January) to find out if international revenues have continued to grow.
Good Luck To All