QUEBEC CITY, May 5 /CNW Telbec/ - Opsens Inc. (TSX VENTURE EXCHANGE: OPS)
("Opsens") is proud to announce that its OPP-W sensor has just completed its
first year of operation in the harsh down-hole oilfield environment of Steam
Assisted Gravity Drainage ("SAGD") producer wells in Alberta. This full year
of successful operation validates the reliability and the performance of
Opsens' exclusive technology. "This customer is very pleased with the results
and has recently placed a second order to install additional OPP-W sensors in
new wells. The client is already planning new installations" said Opsens
Solutions Inc.'s President Gaétan Duplain.
The OPP-W sensor measures pressure and temperature, in real-time, at
temperatures up to 300degrees Celsius continuously in SAGD wells. The capacity
to control pressure at high temperature allows in-situ producers to improve
steam/oil ratios, increase production and reduce operation and lifting costs.
The decline in oil price encourages producers to look for innovative
solutions to optimize production and reduce costs. The OPP-W sensor is a
technical innovation that is well positioned to make an impact in the
ever-expanding areas of SAGD operations. By having accurate and reliable
real-time measurements of downhole pressure and temperature, SAGD operators
can optimize steam injection rates, thereby reducing operating costs and the
environmental impact of conducting SAGD operations.
About Opsens (www.opsens.com)
Opsens is a leading developer, manufacturer and supplier of a wide range
of fiber optic sensors and associated signal conditioners based on proprietary
patented and patent pending technologies. Opsens sensors provide long-term
accuracy and reliability in the harshest environments. Opsens provides sensors
to measure pressure, temperature, strain and displacement to original
equipment manufacturers (OEM) and end-users in the oil and gas, medical,
high-power transformers, and laboratory fields. Opsens provides complete
technical support, including installation, training and after-sales service.
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.
For further information:
For further information: Pierre Carrier, President and CEO, Opsens Inc.,
(418) 682-9996; Louis Laflamme, CA, CFO, Opsens Inc., (418) 682-9996