Wavefront provides update on Powerwave activities for oil well stimulations

Wavefront Technology Solutions Inc., a provider of fluid injection processes primarily for mature field revitalization and well stimulation, has provided an update on its recent Powerwave activities.

Offshore staff

EDMONTON, Alberta – Wavefront Technology Solutions Inc., a provider of fluid injection processes primarily for mature field revitalization and well stimulation, has provided an update on its recent Powerwave activities.

For the period Sept. 1, 2013, to March 31, 2014, the company completed 616 Powerwave stimulations worldwide.

InSaudi Arabia, Wavefront, through its marketing partner Engineering & Industrial Technology Co., successfully completed the first Powerwave well stimulation. The stimulation involved removing fill from a well that impeded production.

InMexico, the company, through its marketing partner Attainment International Ltd., entered into a two-year contract to supply Servicios Petrotec S.A de C.V., a service company to Pemex, with Powerwave stimulation tools for the area of Samaria, Comalcalco and Agua Dulce. It is anticipated that this agreement will yield a minimum of five stimulations per month to a maximum of 20 stimulations per month.

04/25/2014

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