QUEBEC CITY, Nov. 13 /CNW Telbec/ - Opsens Inc. ("Opsens") (TSX-V:OPS)
today announced an order from Nexen Inc. ("Nexen"), a Canadian-based global
energy company, for its OPP-W fiber optic pressure and temperature sensor.
The order, to equip three Nexen Long Lake well pairs with Opsens'
proprietary technology, is being managed by Opsens' wholly-owned
Edmonton-based unit, Opsens Solutions Inc.
"This new order builds on our previous successful installations and
operation of OPP-W sensors in the oil sands and further demonstrates the
growing interest in our technology from operators using the Steam Assisted
Gravity Drainage (SAGD) process," said Gaétan Duplain, President of Opsens
Solutions. "We look forward to working with Nexen and are confident that we
will help them optimize their SAGD operations."
"Nexen understands the importance of robust, reliable,
reservoir-surveillance technologies for optimizing operations in
high-temperature environments," said Bill MacFarlane, Manager, Technology
Integration, at Nexen. "We are pleased to be working with Opsens Solutions to
evaluate OPP-W technology to assist us at our Long Lake Project."
Long Lake, a 50/50 joint-venture between Nexen and OPTI Canada Inc. is
Canada's fourth major integrated oil sands project, and the first to integrate
in situ bitumen recovery with gasification and onsite upgrading. Facility
construction was completed earlier this year, and the SAGD operation is
currently producing bitumen feedstock.
Opsens Solutions is targeting the Western Canada oil sands market, where
SAGD is becoming the key production process and there is a potential for the
installation of Opsens sensors in multiple oil wells. Opsens monitoring
systems provide continuous acquisition of downhole pressure and temperature,
allowing SAGD operators to control steam injection and fluid production. This
information is critical for optimizing bitumen recovery rates, reducing
operating costs, managing steam chamber growth and managing safe steam
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
patent 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 sands medical, energy,
scientific and military laboratory fields. Opsens offers technical services,
such as on-site installation, training and turnkey fiber optic systems.
About Nexen (www.nexeninc.com)
Nexen Inc. is a Canadian-based, global energy company growing value
responsibly. Nexen is strategically positioned in some of the world's most
exciting regions: the North Sea, deep-water Gulf of Mexico, Middle East,
offshore West Africa and the Canadian Athabasca oil sands.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this press 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 Chief Executive
Officer, (418) 682-9996; Louis Laflamme, CA, Chief Financial Officer, (418)