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

Wavefront Technology Solutions Inc > Weatherford - 1 Billion In Downhole Completions -Contract

<< Previous

Bullboard Posts

Next >>

Comment by gojotv!on Nov 16, 2021 3:23pm

178 Views

Post# 34133320

RE:Weatherford - 1 Billion In Downhole Completions -Contract

IF Weatherford is indeed our client, this is a good start...
Question is, how much of that $1B can WEE expect to see? WEE only have one tool in this whole set-up.
One-tenth of a percent of $1B is $1M... How many M's can WEE snatch for ourselves? Place your bets.
If Weatherford was smart, and played for client satisfaction, they'd save money on the downhole chemicals by using Powerwave, therefore maximizing their profits AND use of our tool. Our latest study has shown that the tool pays for itself, and more. It actually puts money in the pocket of the user (from the hundreds of thousands saved per well in chemical costs.)
But if Weatherford wants to play to maximize workload, they would use the same old tech that's achieved porr, polluting results for decades and make their money by returning to these same wells next year. With WEE, those wells will be producing work-free for longer...
Is Weatherford serious about moving into the future with the most efficient, thorough, profit-enhancing stim tool on the market?
Who knows?
I just know where my money is riding...
WEEEEEE!

Lequity wrote:

https://www.weatherford.com/en/about-us/newsroom/media-releases/2021/weatherford-awarded-over-$1-billion-in-downhole-completion-and-liner-hanger-contracts-by-abu-dhabi-n/?utm_source=twitter&utm_medium=social&utm_term=&utm_content=&utm_campaign=press_release

I guess we now know what the $12 milllion credit line was for.

Our largest client !!

GLTA