Wavefront Energy & Environmental Services Inc. - Powerwave to be deployed in working interest agreement with Energex Oil Inc.

    TSX-V: WEE
    Pink Sheets: WEESF

    EDMONTON, May 13 /CNW/ - Wavefront Energy and Environmental Services Inc.
("Wavefront"), a world leader in fluid injection technology for
improved/enhanced oil recovery and groundwater restoration announces that it
has entered into an agreement with Energex Oil Inc. ("Energex"), a privately
held oil exploration and production company located in Colorado Springs, CO to
acquire a fifty percent working interest in an oil field lease situated in
Taylor County, Texas. Total consideration for the working interest will be
$40,000 USD.
    The lease, comprised of more than six tracts totaling 500 acres, is
identified as the John McSherry Survey No. 129, Section 129, Taylor County,
Texas that is to be unitized as the Dyess field. Energex will act as Operator
of the Dyess field while Wavefront will be responsible for all development
plans, well programs, and engineering and geological reports. Projected
initial development costs are estimated at $2,700,000 USD; of which Wavefront
will be responsible for its proportionate interest of $1,350,000 USD.
    Wavefront President and CEO Brett Davidson commented, "The Dyess field
represents a strategic prospect for Wavefront and we look forward to
implementing a development plan that realizes the full potential of Powerwave
to maximize production of the remaining recoverable reserves. Since the first
agreement between the companies announced October 3, 2007, Energex and
Wavefront have been seeking additional opportunities to acquire or co-develop
assets with considerable recoverable reserves and where Powerwave can be a
focal point in field development. As part of Wavefront's overall corporate
strategy the Company will continue to pursue favorable opportunities such as
the Dyess field to showcase Powerwave and draw attention to the vast global
potential the technology holds in maximizing recoverable oil reserves."

    About Wavefront Energy and Environmental Services Inc.

    Wavefront is a technology-based company with a focused, strategic plan to
leverage the value of our intellectual property in order to maximize oil
production recovery operations, as well as provide additional solutions for
environmental applications.

    ON BEHALF OF THE BOARD OF DIRECTORS

    WAVEFRONT ENERGY AND ENVIRONMENTAL SERVICES INC.

    "D. Brad Paterson" (signed)

    D. Brad Paterson, CFO & Director

    Cautionary Disclaimer - Forward Looking Statements
    --------------------------------------------------
    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", "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.

    THE TSX VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF
    THIS RELEASE WHICH WAS PREPARED SOLELY AT THE DISCRETION OF MANAGEMENT

For further information: D. Brad Paterson, CFO, (780) 486-2222 x224 Tel,
investor.info@onthewavefront.com