Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s): WFTSF

Energy Oil & Gas Equipment & Services

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

Wavefront Technology Solutions Inc > Rig count down 2 with $80 oil...

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Comment by gojotv!on Oct 23, 2021 5:54pm

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Post# 34041260

RE:Rig count down 2 with $80 oil...

Yup. Shareholders don't want growth (drill, drill, drill, remember? lol) in the age
of electric cars and green initiatives.
Oil producers will have to maximize their existing oil wells' production, and that
means stims and workovers... and... the Holy Grail... EOR!
And remember when the Saudis converted so many of their wells for coiled
tubing work?
Yeah, me too.
GLTA!

prophetoffacts wrote: *U.S. OIL RIG COUNT DOWN 2 TO 443 - BAKER HUGHES SAYS
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In an oil world where capital disciple and return on capital is the new mantra, and not growth at all costs as has been the case as with US shale, getting the most out of existing wells using WEE's technology, for instance, may be the new mantra.