QUEBEC CITY, Feb. 20, 2013 /CNW Telbec/ - Opsens Inc. ("Opsens") (TSXV:
OPS) is pleased to announce successful deployment and installation of
its patented OPS-Z pressure and temperature technology, on the
Petroleum Technology Research Centre ("PTRC") Aquistore (http://www.aquistore.ca) CO2 Storage and Monitoring project in Saskatchewan, Canada.
PTRC had brought together internationally recognized expertise and
interest to the Aquistore Project. The Aquistore project is of
significant importance as it relates to the capture and storage of CO2 greenhouse gases.
Opsens Solutions Inc. ("Opsens Solutions"), wholly owned subsidiary of
Opsens, was selected to provide downhole monitoring instrumentation and
installation services on both the CO2 injection well and corresponding observation well. Opsens Solutions'
technical solutions included multiple digital pressure and temperature
sensors, fiber optic Distributed Temperature Sensing ("DTS"), and
Opsens' patented OPS-Z technology, designed specifically for casing
The deployment of Opsens Solutions' systems was significantly
challenging due to the formation layers and well depths. These systems
will monitor and provide zonal data on both the observation and
injector wells. The premise of the OPS-Z solution is to mitigate
cross-zonal communication between geological zones in casing-conveyed
applications such as this. Cement isolation between geological zones
is of interest to the project to monitor subtle changes in formation
pressure and temperature.
Opsens Solutions' President Tom Keegan said; "We are delighted to have
contributed to the PTRC Aquistore project. Opsens Solutions has all the
elements to efficiently deliver on a technical project of this type.
Our dedicated technical and commercial teams' tremendous efforts
resulted in great success."
With its innovative solutions for SAGD oil and gas producers, Opsens is
carving itself a strong position in SAGD instrumentation and downhole
monitoring, whether it is to optimize production significantly, make
installations safer or monitor observation wells. Opsens Solutions'
products and services are being increasingly deployed, as evidenced by
the growth of Opsens Solutions' revenues over the last three years.
About Opsens Inc. (www.opsens.com)
Opsens is a leading developer, manufacturer, supplier and installer of a
wide range of fiber optic solutions based on proprietary patented
technologies for the measurement of pressure, temperature and other
parameters. The qualities of our sensors allow us to offer measuring
instruments that are effective and durable in extreme conditions.
Opsens is using its competitive advantages to focus primarily on two
strong growth markets: oil and gas and FFR medical instrumentation.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements contained in this press release involve known
and unknown risks, uncertainties and other factors that may cause
actual results, performance and achievements of Opsens to be materially
different from any future results, performance or achievements
expressed or implied by the said forward-looking statements.
SOURCE: OPSENS INC.
For further information:
Marie-Claude Poitras, communications, 418.682.9996
Louis Laflamme, CPA, CA, President and Chief Executive Officer, 418.682.9996