HOUSTON, TX and CALGARY, Sept. 3 /CNW Telbec/ - Wescorp Energy Inc.
(OTCBB: WSCE), an oil and gas technology solutions provider, is pleased to
announce that in accordance with the joint venture partnership announced on
July 29,2009 with Cancen Oil Canada Corporation, an oilfield waste management
and processing company, Cancen has committed $1,000,000 for the immediate
construction of 3 Wescorp remediation units.
Wescorp and Cancen engineers have completed their first Cancen facilities
assessment to best determine the most effective and efficient size and volume
capacity of the units required. Based on site assessment, both management
teams have agreed that these first 3 units will consist of two H20Maxx water
units and one HCXT solids remediation unit, which will all be deployed to
Cancen's existing waste processing facilities in western Canada.
"Wescorp is pleased that the first milestone in our joint venture
partnership with Cancen has been achieved with the delivery of the required
financing," commented Doug Biles, President and CEO of Wescorp Energy.
"The assessment work of our waste management facilities is going very
well," stated Keith Talbot, President of Cancen Oil Canada Corporation. "By
integrating Wescorp's remediation technologies into our existing business, we
believe we will become a leader in the oil/water/solids disposal industry in
western Canada. We are driven to have the first 3 remediation units in full
operation as soon as possible. We will then continue building an additional 9
units over the next year."
H20Maxx is a commercially proven, safe, effective and economical process
for cleaning and separating oil and solids from produced water using patented
technology. Test results on the H20Maxx unit have been shown to reduce the oil
content in produced water to less than 0.001% or 10 parts per million oil,
allowing oil and gas operators to reduce, reuse, and recycle water.
The HCXT solids remediation unit is a commercially proven, safe,
effective and economical process for the extraction and cleaning of
hydrocarbon-laden sediments and solids. The technology uses biodegradable
chemicals to separate heavy oil from solids, including drilling cuttings and
fine sands and clays from oil sand production.
Wescorp Energy Inc. (www.wescorpenerav.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
Safe Harbor Statement
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
For further information:
For further information: Investor Relations: Mark Komonoski, Toll-Free
1-877-255-8483, Office Line (403) 255-8483, Mobile (403) 470-8384,
firstname.lastname@example.org; www.wescorpenergy.com; Renmark Financial
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firstname.lastname@example.org, (514) 939-3989, (416) 644-2020;