
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Wavefront Technology Solutions Inc | TSXV:WEE | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.02 | 0.02 | 0.025 | 0 | 00:00:00 |
NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES Wavefront Technology Solutions Inc. ("Wavefront" or the "Corporation") (TSX VENTURE:WEE) (PINK SHEETS:WFTSF), the leader in fluid injection optimization for maximizing reservoir oil recovery, is pleased to announce that 28 Powerwave systems were installed during the three months ended August 31, 2011, marking a record high for a fiscal quarter. "This is a yet another significant accomplishment for Wavefront and we are very pleased with the number of Powerwave installations achieved in the fourth fiscal quarter ended August 31, 2011," said Wavefront President and CEO Brett Davidson. "The growing numbers of installations throughout North America are providing operators first-hand experience with Powerwave's ability to increase oil production, slow the rate of production decline, reduce operational expenses on a per barrel basis, and extend field economic life. There is a strong and growing commercial pipeline for Powerwave with producers who have a focus on improved and enhanced oil recovery." The Corporation would also like to announce that the Powerwave installations with Pluspetrol S.A. at its El Corcobo Norte oil field, Argentina have commenced. The El Corcobo Norte field has similar geological properties to that of the Wainwright oil field in Alberta where the Corporation has had significant Powerwave success. The Corporation has considerable opportunity in Argentina where 36.7% of total oil production is associated with waterflooding activities. ON BEHALF OF THE BOARD OF DIRECTORS WAVEFRONT TECHNOLOGY SOLUTIONS INC. D. Brad Paterson, CFO & Director About Wavefront: Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com. Cautionary Disclaimer - Forward Looking Statement Certain statements contained herein regarding Wavefront and its operations constitute "forward-looking statements" within the meaning of Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations or future performance, are "forward-looking statements". In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "believe", "continue" or the negative of these terms or other comparable terminology. We caution that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual results and future events to differ materially from those anticipated in such statements. Such factors include fluctuations in the acceptance rates of Wavefront's Powerwave and Primawave Processes, demand for products and services, fluctuations in the market for oil and gas related products and services, the ability of Wavefront to attract and maintain key personnel, technology changes, global political and economic conditions, and other factors that were described in further detail in Wavefront's continuous disclosure filings, available on SEDAR at www.sedar.com. Wavefront expressly disclaims any obligation to up-date any "forward-looking statements", other than as required by law.
1 Year Wavefront Technology Sol... Chart |
1 Month Wavefront Technology Sol... Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions