TSX-V: WEE Pink Sheets: WEESF EDMONTON, Aug. 13 /EMWPresswire/ - Wavefront Energy and Environmental Services Inc. ("Wavefront"), a world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration is pleased to announce that Powerwave will be deployed in a commercial project in Navarro County Texas by a Fort Worth based oil and gas producer. This is the second publicly traded company operating in Navarro County to implement Powerwave in a waterflood. Wavefront President and CEO Brett Davidson stated, "With very positive field results related to the technology, Powerwave continues to attract a growing user community who wish to extend field life and maximize oil recovery factor. Texas remains a significant focal point for Wavefront for widespread Powerwave implementation and further projects with existing and new clients are imminent."
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 Wavefront and its operations constitute "forward-looking statements" within the meaning of Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or expectations or future performance, are "forward-looking statements". In some cases, forward-looking statements can be identified by terminology such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential", "continue" or the negative of these terms or other comparable terminology. 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. Such factors include fluctuations in the acceptance rates of Wavefront's Powerwave and Primawave Processes, demand for products and services, fluctuations in the market for oil and gas related products and services, the ability of Wavefront to attract and maintain key personnel, technology changes, global political and economic conditions, and other factors that were described in further detail in Wavefront's continuous disclosure filings, available on SEDAR at http://www.sedar.com. Wavefront expressly disclaims any obligation to up-date any "forward-looking statements", other than as required by law.
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