Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Acceleware Ltd V.AXE

Alternate Symbol(s):  ACWRF

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

Comment by blitzer2on Apr 29, 2022 3:42pm
141 Views
Post# 34643465

RE:RE:RE:RE:Latest News Release

RE:RE:RE:RE:Latest News Release wealth2015 I still don't understand what you are trying to say here, they did not just say that
'oil is recovered' .They said  'The Company is also very pleased to announce that the Pilot
commenced producing oil on April 6, 2022, at rates consistent with the gradual ramp up of heating'.


Bear in mind on a general news release you can't expect very finite details with an on-going
pilot still in progress.
They are probably 'daily 'and continually' fine tuning the systems.

They have always stated cleary from the very beginning: 'While the initial RF XL heating phase is planned for approximately six months, this period may be extended to allow Acceleware to capture additional information on the efficiency and operation of the technology. During this phase the Company expects to continue to ramp up power and monitor the effect on efficiency and oil production.

Then there's always going to be certain information held back until it is finally ready to commercialize because the systems are always going to be highly IP protected.
'As anticipated, this phase has included trouble shooting and operational changes that have led to multiple learnings which will further refine CTI design, performance, and economics and optimize RF XL technology and operations. The adaptations are also expected to result in additional intellectual property development'.
<< Previous
Bullboard Posts
Next >>