AllPennyStocks.com News: Small-Cap Receives Oil Extraction License From Texas Oil Operator, Stock Continues To Break 52 Week Highs (WEE.V)
Sep 25, 2009 (BAYSTREET NEWSWIRE via COMTEX) --
Company: Wavefront Energy & Environmental Services Inc (WEE)
MISSISSAUGA, Ontario, September 25, 2009 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Small-Cap Receives Oil Extraction License From Texas Oil Operator, Stock Continues To Break 52 Week Highs."
Companies mentioned in this article include Wavefront Technologies Solutions (TSX-Venture:WEE).
Article Excerpt:
The search for oil is a mysterious, and by nature, expensive proposition - fraught with all kinds of environmental and atmospheric concerns. Among those concerns, the impurities of the crude oil being pumped to the surface before the oil riggers are able to get the petroleum to a refinery, and from there, to market. Lots of cleanup work has to be done before that happens.
Enter Edmonton-based Wavefront Technologies Solutions (TSX-Venture:WEE), a company providing state-of-the-art techniques for oil well stimulation, improved oil recovery, and environmental groundwater remediation. WEE has been engaged in an aggressive plan to sell its Powerwave technology to equally aggressive oil companies, and during the latter stages of September, managed to snag itself a customer in an unnamed oil company out of Midland, Texas. The customer in question will deploy six Powerwave systems to increase oil recovery and reserves in an active waterflood.
The week before, Wavefront scored another coup by announcing that one of the top five world oil producers deployed the first of four Powerwave systems for the latter company's Alaskan operations. Again, the customer was unidentified.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special_reports/063/Small-Cap-Receives-Oil-Extraction-License-From-Texas-Oil-Operator,-Stock-Continues-To-Break-52-Week-Highs.htm
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Company: Wavefront Energy & Environmental Services Inc (WEE)
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