Bullboard - Stock Discussion Forum 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... see more

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TSXV:WEE.H - Post Discussion

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

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Post by Lequity on Nov 16, 2021 2:20pm

Weatherford - 1 Billion In Downhole Completions -Contract

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

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

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 ...more

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