TSXV:WEE.H - Post by User
Comment by
gojotv!on Nov 24, 2021 11:39am
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Post# 34161697
RE:In light of the latest study released by Wavefront...
RE:In light of the latest study released by Wavefront...Can you imagine how much pressure Saudi Arabia is under to adopt greener techs? They have to justify their oil dependance or die trying.
Add to that the massive savings of approx. $100,000 U.S. per well when using Powerwave for stim work, AND the doubled effectiveness and duration of a WEE stim over conventional methods... annnnd...?! Those who "get" the significance and timing of these developments stand to make the money.
Longs have known it for a while. Cheers! gojotv! wrote: THIS is very interesting...
The article, about Saudi Arabia's commitment to lower greenhouse gass emissions, released just last month, states:
"Amin Nasser, chief executive of the state oil giant Saudi Aramco, said it was counterproductive to “demonise” hydrocarbons. He said Aramco aimed to expand its oil and gas production capacity while also achieving net zero emissions from its own operations by 2050."
But hey, read it yourselves...
https://www.euronews.com/2021/10/23/climate-change-cop26-saudi