Acceleware Ltd V.AXE

Alternate Symbol(s): ACWRF

Technology Software - Application

Acceleware Ltd. is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. Its segments include High-Performance Computing (HPC) and RF Heating. The HPC segment sells proprietary high-performance computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to advanced electromagnetic heating using radio frequency (RF) energy. It is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands. It is also working with a consortium of potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. It is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.

TSXV:AXE - Post by User

Acceleware Ltd > Future oil sands

<< Previous

Bullboard Posts

Next >>

Comment by Saskisnowon May 13, 2021 10:19am

168 Views

Post# 33190999

RE:Future oil sands

Some info on the biggest producer in the oilsands:
Suncor’s Oil Sands operations cash operating costs⁽¹⁾ per barrel are expected to reduce by 8% to $26.00 – $28.50 when compared to the 2020 guidance midpoint.
https://financialpost.com/pmn/press-releases-pmn/globe-newswire-releases/suncor-energy-announces-2021-production-outlook-and-capital-allocation

<< Previous

Bullboard Posts

Next >>

The top 10 artificial intelligence penny stocks