This news is classified in: Traditional Energy Oil and Gas
Jan 28, 2015
Wavefront Technology Solutions, a technology provider offering fluid delivery processes to oil and gas producers that are widely effective methods for maximizing reserves in mature field revitalization (enhanced oil recovery or "EOR") as well as increasing single well productivity through more effective well stimulation is pleased to announce the commencement of the approximate US $1.25 million Petrobras contract in Brazil.
"We are very pleased to see the commencement of this project and the commitment Petrobras has shown to overcome logistical challenges to demonstrate the strength of Powerwave to improve production and increase reserve barrels," said Wavefront President and CEO Brett Davidson.
ON BEHALF OF THE BOARD OF DIRECTORS
WAVEFRONT TECHNOLOGY SOLUTIONS INC.
D. Brad Paterson, CFO & Director
