Wavefront Energy & Environmental Services Inc. - Powerwave(TM) package delivered to Devon Canada Corporation ("Devon")



    TSX-V: WEE
    Pink Sheets:   WEESF

    EDMONTON, March 12 /CNW/ - Wavefront Energy and Environmental Services
Inc., a leader in technology development and implementation for improved oil
recovery and optimized groundwater remediation is pleased to announce that a
staged Powerwave-based approach to production enhancement was recently
delivered to Devon. The oil well had been plagued with inflow problems, so
Devon chose to run commercially accepted Wavefront technologies as key
components of the well stimulation and production strategy to boost production
levels.
    In the first stage, the Powerwave service tool was run on a coil tubing
unit to inject a third-party chemical to achieve greater distribution and
penetration, as well as exploiting the energy of the fluid pulses to dislodge
blockages impeding flow. Since its inception, the repeated success of the
Powerwave service tool in difficult well conditions unequivocally separates
itself from other coil tubing options for injecting fluids. The Powerwave
service tool has previously been demonstrated to yield up to a 2250% increase
in oil productivity following a well stimulation.
    The second stage focused on the installation of a downhole sand pump
supplied by Wavefront Sand Pumps and Rentals (formerly Top Gun Sand Pumps and
Rentals a recent Wavefront acquisition). The specific model of downhole sand
pump is an outside-of-the-box concept based on the patented Powerwave Process
where, during the pumps down stroke, pulse re-injects a small stream of fluid
as opposed to standard pumps that strictly produce fluid. This novel, gentle
reversal of flow, does not affect production volumes but can mitigate or delay
common inflow issues related to wellbore blockages allowing for more
sustainable as well as greater overall oil productivity. The vast majority of
case histories where the downhole pump has been deployed show rejuvenated
wells where production goes from zero or very low oil volumes to productivity
levels where the wells are considered economic successes.
    Wavefront President and CEO Brett Davidson stated, "We are extremely
pleased that Devon has utilized an integrated Powerwave-based approach as a
well stimulation and production strategy. The acquisition of Top Gun has
permitted us to leverage existing solutions and apply our technology to new
areas. The synergy is working to increase overall industry awareness of
Wavefront as well as the ability of the company to bundle technologies to
producers like Devon, who require the innovations Wavefront offers to get the
most out of the wells."

    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 the Company and its
operations constitute "forward-looking statements" within the meaning of the
United Sates Private Securities Litigation Reform Act of 1995. All statements
that are not historical facts, including without limitation statements
regarding future estimates, plan, objectives, assumptions or expectations or
future performance, are "forward-looking statements". 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. The Company expressly disclaims any
obligation to up-date any "forward-looking statements".

    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:

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

Organization Profile

WAVEFRONT ENERGY AND ENVIRONMENTAL SERVICES INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890