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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

Comment by pandaron Dec 14, 2016 10:22pm
183 Views
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
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