Cancen Oil Canada acquires an additional site for remediation work in Alberta
- units required from Wescorp
In addition to acquiring the new Medicine Hat Alberta disposal site facilities, Cancen also purchased an oil services company that provides 70% of its annual volume and secured a contract to remediate class II water disposal wells in the area. The Medicine Hat operation is in full production. It is currently anticipated Cancen will require one H20 Maxx and one HCXT unit for water and oil solids remediation from Wescorp.
Under the terms of the 50:50 joint venture agreement announced on
"The Wescorp-Cancen joint venture is, gaining momentum" commented
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operational challenges facing oil and gas operators today.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
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Any statements contained herein that are not historical facts may be forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
For further information: Investor Relations contact: Mark Komonoski, Toll-Free: 1-877-255-8483, Office Line: (403) 255-8483, Mobile: (403) 470-8384, [email protected]; www.wescorpenergy.com; Renmark Financial Communications Inc.: Jason Roy, [email protected]; Barry Mire, [email protected], (514) 939-3989, (416) 644-2020
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