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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 Dec 18, 2023 6:35pm
118 Views
Post# 35790816

RE:RE:So, this is interesting and encouraging for next year.

RE:RE:So, this is interesting and encouraging for next year.z123, of course we all are free to choose a glass half empty or glass half full
approach. I am always of the latter kind, sure it's been a long time but, I still
continue to remain positive. It would seem there is going to be a lot of action
from I assume, a number of different companies starting next year.

Did you notice BTW, these two statements in that Calgary Herald article?

 - On Thursday, a new forecast for Enserva projected capital spending in the Canadian oil and gas sector growing by 10.5 per cent in 2024, with 6,300 wells forecast to be drilled, up about eight per cent.

- Last month, the Canadian Association of Energy Contractors forecast 6,229 wells will be drilled in Western Canada next year, reflecting a similar increase, as new pipeline capacity is coming to the market.



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