Wavefront Technologies Solutions Inc. (WFTSF)

[JimLahey]

Wavefront CEO Video

Wavefront CEO did a video at the Subscriber Investment Summit hosted by Keith Schaefer and others in Vancouver.

Worth a watch, IMO.

Click here to watch

[futrcash]

PRESS RELEASE 9/06/2011

WAVEFRONT TECHNOLOGY SOLUTIONS INC.
TSX-V: WEE
Pink Sheets: WFTSF
For Immediate Release:
September 6, 2011



--------------------------------------------------------------------------------

Record High Powerwave Installations In Fourth Quarter
28 Powerwave Systems Installed For The 3-Months Ended August 31, 2011
EDMONTON, Alta September 6, 2011- Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), the leader in fluid injection optimization for maximizing reservoir oil recovery, is pleased to announce that 28 Powerwave systems were installed during the three months ended August 31, 2011, marking a record high for a fiscal quarter.

“This is a yet another significant accomplishment for Wavefront and we are very pleased with the number of Powerwave installations achieved in the fourth fiscal quarter ended August 31, 2011,” said Wavefront President and CEO Brett Davidson. “The growing numbers of installations throughout North America are providing operators first-hand experience with Powerwave’s ability to increase oil production, slow the rate of production decline, reduce operational expenses on a per barrel basis, and extend field economic life. There is a strong and growing commercial pipeline for Powerwave with producers who have a focus on improved and enhanced oil recovery.”

The Corporation would also like to announce that the Powerwave installations with Pluspetrol S.A. at its El Corcobo Norte oil field, Argentina have commenced. The El Corcobo Norte field has similar geological properties to that of the Wainwright oil field in Alberta where the Corporation has had significant Powerwave success. The Corporation has considerable opportunity in Argentina where 36.7% of total oil production is associated with waterflooding activities.

On behalf of the Board Of Directors,

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]


futr

[sumisu]

Agree about Wavefront's potential of making it BIG; it is a perfect investment in a Peak Oil world of declining world energy resources.

sumi

[futrcash]

Powerwave Brings Production Boost To Harmattan Unit
Daily Oil Production At A Triaxon Operated Property Increases By 53% Or 70 Barrels
EDMONTON, Alta August 2, 2011- Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors, is pleased to announce a production update for the 6 Powerwave installations at the TriAxon operated Harmattan Unit.

Installation of 6 Powerwave systems in the Harmattan Unit occurred in December 2010. Production from the Harmattan Unit is from the Viking formation, a tight oil reservoir where maximizing oil productivity has been historically difficult. Incremental oil production attributed to Powerwave for the 6 producing patterns consisting of 27 production wells as at July 8, 2011 is 70 barrels of oil per day; a 53% increase above pre-Powerwave base line production. Using a net back of $60 per barrel the incremental production represents a daily cash flow increase of $4,200 to the Harmattan Unit.

“We are very pleased with the results at Harmattan and we are confident Powerwave will continue to provide production benefits and bring economic value to the Harmattan Unit,” said Wavefront President and CEO Brett Davidson. “Though the initial production gains are notable, with optimization we expect results to further improve. Powerwave has repeatedly, over a wide range of reservoir conditions, provided similar or better production gains at other locations throughout North America.”

"We are very encouraged by these early time results and therefore we are looking forward to realizing further upside through optimization and expansion within the Harmattan Pool”, said TriAxon Vice President of Engineering, Michael Scase.

On behalf of the Board Of Directors,

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Still believe this company hawill be Big!

futr

[futrcash]

WAVEFRONT TECHNOLOGY SOLUTIONS INC. July 27, 2011
TSX-V: WEE
Pink Sheets: WFTSF
For Immediate Release:
July 27, 2011



--------------------------------------------------------------------------------

Powerwave Adds Economic Benefit To Coleville Operations
44 Barrels Of Incremental Oil Production Per Day
EDMONTON, Alta July 27, 2011- Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), the leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors, is pleased to announce a production update for the 4 Powerwave installations at Penn West’s Coleville operations.

Installation of 4 Powerwave systems in the Bakken (sand) formation containing 12o to 14o gravity oil commenced in October 2010. Incremental oil production attributed to Powerwave for the 4 producing patterns consisting of 21 production wells as at April 2011 is 1,330 barrels of oil per month; a 50% increase above pre-Powerwave base line production. Using a net back of $33 per barrel the incremental oil production represents a net monthly cash flow increase of $43,890 to the Coleville operations.

“Powerwave consistently provides access by-passed oil, slows the rate of production decline, and adds economic value to mature assets without the need to rely solely on the drill bit to increase proven reserves”, said Wavefront President and CEO Brett Davidson. “We are very pleased with initial results at Coleville and similar to Wavefront’s other North American Powerwave projects we expect the economic benefits at Coleville to improve with time.”

On behalf of the Board Of Directors,

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]


futr

[futrcash]

Imagine 10% Reserve Increases without the need for Additional Drilling-

http://www.onthewavefront.com/Files/News/2011/2011-05_Northwest%20Business%20Magazine.pdf

futr

[futrcash]

Yes...I'm very excited about recent developments!

Expanding worldwide into all the major oil provinces with world class companies cannot be underestimated!

imo

futr

[2morrowsGains]

Wavefront keeps adding more and more clients to their list of Powerwave users. And these are NOT fly-by-night companies!! The Powerwave could turn Wavefront into a Powerhouse over the next couple of years...

"Consistently strong Powerwave results continue to drive new sales and Wavefront is negotiating agreements with additional potential clients as well as working to expand current Powerwave programs.”

[futrcash]

May 24, 2011 WAVEFRONT TECHNOLOGY SOLUTIONS INC.
TSX-V: WEE
Pink Sheets: WFTSF
For Immediate Release:
May 24, 2011



--------------------------------------------------------------------------------

Leading Oil Producer Pluspetrol S.A. Using Powerwave
To Increase Production In Argentina

Positive Powerwave results driving growth in Wavefront’s international footprint
EDMONTON, Alta May 24, 2011- Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors, is pleased to announce that Powerwave will be deployed in Argentina with Pluspetrol S.A. to increase production at its El Corcobo Norte oil field. Pluspetrol S.A. is the fourth largest oil producer in Argentina and has additional operations in Peru, Bolivia, Venezuela, Colombia, and Angola. Under the terms of the agreement the financial consideration paid, tool count, etc. will not be released.

“We are very pleased to add Pluspetrol S.A., Operator of UTE CNQ-7A, to our growing list of clients and we are confident that Powerwave will bring positive production benefits to the El Corcobo Norte operations,” said Wavefront President and CEO Brett Davidson. “Consistently strong Powerwave results continue to drive new sales and Wavefront is negotiating agreements with additional potential clients as well as working to expand current Powerwave programs.”

On behalf of the Board Of Directors,

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director


futr

[sumisu]

This development with Clayton Williams makes me want to buy more shares of Wavefront by a factor of two.

There is no doubt that Wavefront's technology will be more fully utilized in an era of Peak Oil and declining oil imports from the Middle East and Mexico [Cantarell in great decline].

I often think about the Permian Basin, as I once worked in the Office of Econometrics at the Federal Power Commission. I basically checked computer runs on natural gas production. This was a college co-op job.

Thanks for this post and your ensuing posts on Permian.

sumi

[2morrowsGains]

Thanks futrcash. I'm guessing someone sniffed this news out before it was released (based on the price/volume pop over the past 2 days). No mention of how many Powerwave units Clayton Williams will initially be deploying though.
All in all, the recurring revenue stream continues to build.

[futrcash]

The oil and gas producing regions of the Permian Basin,
in New Mexico and West Texas (RR Districts 8 and 8A) have an original oil endowment
of 95.4 billion barrels. Of this, 33.7 billion barrels or 35% will be recovered. As such,
nearly 61.7 billion barrels of oil will be left in the ground, or “stranded”, following the use
of today’s oil recovery practices. A major portion of this “stranded oil” is in reservoirs
that appear to be technically and economically amenable to enhanced oil recovery(EOR) using carbon dioxide (CO2) injection.
This report evaluates the future oil recovery potential in the large oil fields of the
Permian Basin and the barriers that stand in the way of realizing this potential. The
report then discusses how a concerted set of “basin oriented strategies” could help the
Permian Basin’s oil production industry overcome these barriers and capture the large
“stranded oil” prize.

futr

[futrcash]

Permian Basin of west Texas-


http://en.wikipedia.org/wiki/Permian_Basin_(North_America)

No doubt Wavefront has been drooling over getting a shot @ proving their recovery technology here!

http://www.beg.utexas.edu/resprog/permianbasin/index.htm

http://fossil.energy.gov/programs/oilgas/publications/eor_co2/Permian_Basin_Document.pdf

futr

[futrcash]

Clayton Williams Energy-

from today's PR

“The momentum we are seeing in increased interest in Powerwave is a testament to the production benefits Powerwave continues to deliver to a host of operators. We anticipate adding to our expanding list of Powerwave clients in the near term.”

http://www.claytonwilliams.com/ir.html

futr

[futrcash]

Clayton Williams Energy Deploying Powerwave In West Texas
EDMONTON, Alta May 19, 2011- Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors, is pleased to announce that Clayton Williams Energy Inc. is deploying Powerwave in a West Texas oil field. Clayton Williams is an independent oil and gas company trading on the NASDAQ Stock Exchange with operations primarily in Texas, New Mexico and Louisiana. Under the terms of the agreement the exact field location, financial terms, etc. cannot be released.

“We are very pleased to add an innovative company like Clayton Williams to our client list, and we are confident in Powerwave’s ability to help them increase oil production and maximize ultimate oil recovery,” said Wavefront President and CEO Brett Davidson. “The momentum we are seeing in increased interest in Powerwave is a testament to the production benefits Powerwave continues to deliver to a host of operators. We anticipate adding to our expanding list of Powerwave clients in the near term.”[/u]On behalf of the Board Of Directors,

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

futr

[2morrowsGains]

I noticed that. WEE.v/WFTSF is up approx 20% in 2 days! NICE!! I looked and could not find any fresh news. Wonder what's up??

[futrcash]

Some Serious Buying Interest Here Today!

Wonder what's up?

Might just be Institutional buying starting to return?

At any rate I like the overall trend.

futr

[futrcash]

Rapidly approaching Critical Mass here-

The client is a leading oil and gas producer with assets strategically focused in properties comprised of high-quality, long-life, operated light and medium oil and natural gas reserves in western Canada

imo

futr

[2morrowsGains]

This is a significant order for a new client. I'm guessing it's someone familiar w/ results of the Powerwave.
Although the share price seems staggnant on a day to day basis, the long term potential is building along w/ Wavefront's recurring revenue stream.

[futrcash]

PRESS RELEASE

WAVEFRONT TECHNOLOGY SOLUTIONS INC.
TSX-V: WEE
Pink Sheets: WFTSF
For Immediate Release:
May 6, 2011



--------------------------------------------------------------------------------

Calgary-Based Oil Powerhouse Turns To Powerwave To Increase Recovery
Deploying 11 Powerwave Systems In Three Oil Producing Assets
EDMONTON, Alta May 6, 2011- Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors, is pleased to announce that 11 Powerwave systems are being deployed with a Calgary-based oil producer. The client is a leading oil and gas producer with assets strategically focused in properties comprised of high-quality, long-life, operated light and medium oil and natural gas reserves in western Canada. Under the terms of the agreement the client name, field location, and financial terms cannot be released.

“Powerwave’s impressive track record of success in optimizing waterfloods, miscible CO2 floods, or chemically-aided floods in all types of reservoirs could potentially add billions of barrels of oil to the world’s recoverable reserves,” said Wavefront President and CEO Brett Davidson. “We are very pleased to add this leading producer to our growing list of clients, and we are confident that Powerwave will help maximize oil recovery factor from the client’s numerous producing oil fields in the western Canada.”

On behalf of the Board Of Directors,

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]


futr

[futrcash]

I especially liked this part-

As at February 28, 2011, the Corporation had working capital of $27,365,394. The Corporation believes that its working capital position will continue to fluctuate despite having a significant increase in the number of Powerwave contracts in-hand, as Wavefront cannot control or dictate the installation schedules. The Corporation is of the opinion that its working capital position is sufficient to cover its current commitments and operations for the forthcoming fiscal year. It is also anticipated that internally generated cash from operations will continue to increase as the Corporation’s core technologies continue to be commercialized and inducements and incentives decrease.

futr

[2morrowsGains]

Revenues increased nicely on a percentage basis YoY and were up slightly QoQ. Net losses for the period were $870,610 compared to $1,476,852 last quarter and $1,778,332 last year.

I was actually hoping for more operational updates.

[futrcash]

WAVEFRONT TECHNOLOGY SOLUTIONS INC.
TSX-V: WEE
Pink Sheets: WFTSF
For Immediate Release:
April 27, 2011



--------------------------------------------------------------------------------

Second Quarter 2011 Gross Revenues Double
Wavefront Sees Four Consecutive Quarters of Continued Growth
EDMONTON, Alta., April 27, 2011/ Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in technology development and implementation for improved oil recovery and optimized groundwater remediation announces its financial and operating results for the second quarter ended February 28, 2011. Gross revenue doubled over the comparative period and amounted to $1,002,893. Net losses for the period decreased by over 50% to $870,610, and loss per share, basic and diluted, was $0.01 versus $0.03 for the comparative period.

“Although there remains much to accomplish we are pleased with our progress in the first half of fiscal 2011 and are on track with our expectations of increasing revenue and reducing expenses,” said Wavefront President and CEO Brett Davidson. “Wavefront continues to develop positive momentum and amass a growing user community adopting our core technologies. We anticipate that the revenue growth charted below will continue a positive upward trend in the second half of the fiscal year.”


A summary of the second quarter 2011 results are as follows:


During the fiscal quarter it was announced that the Corporations longest running Powerwave project in Eastern Alberta would be expanding by up to 45 additional Powerwave systems. Subsequent to the fiscal quarter it was further announced that locations for the initial 31 of the potential 45 systems had been identified and preparations are being made to initiate installation
Expenses through the three month period were $1,873,503 compared to $2,278,970 for the comparative period in 2010, and are representative of a focus on operational excellence.
Net loss for the three months ended February 28, 2011 was $870,610 ($0.01 per share), compared to $1,778,332 ($0.03 per share) for the comparative period of February 28, 2010.
Revenues for the six months ended February 28, 2011 were $1,928,068, an increase of $851,103 over the comparative period in 2010 that recognized revenues of $1,076,965. Core revenues related to the Powerwave and Primawave totalled $1,695,857, compared to core revenues of $956,829 for the comparative period.
Total assets decreased by $2,279,434 to $34,893,048 from the Corporation’s fiscal year ended August 31, 2010. The decrease was primarily due to a decrease of $2,723,592 in cash that was used to fund operations. As at February 28, 2011, the Corporation had cash and cash equivalents of $26,719,364.
As at February 28, 2011, the Corporation had working capital of $27,365,394. The Corporation believes that its working capital position will continue to fluctuate despite having a significant increase in the number of Powerwave contracts in-hand, as Wavefront cannot control or dictate the installation schedules. The Corporation is of the opinion that its working capital position is sufficient to cover its current commitments and operations for the forthcoming fiscal year. It is also anticipated that internally generated cash from operations will continue to increase as the Corporation’s core technologies continue to be commercialized and inducements and incentives decrease.
The above financial highlights should be read in conjunction with the unaudited consolidated financial statements and Management Discussion and Analysis of results for Wavefront’s most recently completed quarter, ended February 28, 2011 filed on SEDAR on April 27, 2011.

In addition, and in connection the Corporation’s news release of April 8, 2011, the TSX Ventures Exchange (the “Exchange”) has approved the extension of the term of 5,219,085 share purchase warrants (the “Warrants”), originally issued on April 26, 2010. The expiry date of April 26, 2011 was extended to April 26, 2012. Due to certain policy requirements of the Exchange that could not be met at this time, the Exchange denied the reduction of the exercise price of the Warrants, and it will remain at $2.75 per share, subject to early expiry.

The Warrants are still subject to early expiry, which can be triggered if the volume weighted average trading price of the Corporation’s shares equals or exceeds $3.15 per share for a period of 20 consecutive trading days. In such event, the Corporation has the right to accelerate the expiry date of the Warrants by giving 30 days written notice to the warrant holders.

On behalf of the Board Of Directors,

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]


futr

[2morrowsGains]

Q2 earnings/sales are due out this week or early next week. We'll see how she looks then and hopefully get a few updates.

[futrcash]

Parade is heading Uptown!

futr

[sumisu]

>Great post; here I go looking to add more shares to this investment based on this DD that you provided.

futr, thanks for being persistent in getting me into Wavefront.

sumi

[2morrowsGains]

Wavefront's pipeline is bursting with projects...Eastern Alberta, Southern Alberta, Middle East, Core Energy, Texas, California, ect...
There's definitely good long term potential here.
The order increases by the Eastern Alberta customer (Cenovus Energy?) nails down where Wavefront could be headed.

[futrcash]

Great post-I like the way you backed up your inference&conclusion-

Just imagine the follow up possible on Cenovus' other projects-

Just imagine the follow up possible to the pilot announced yesterday in the mideast!

Don't want to get too carried away with the implications of cornering the world's rework projects in formations amenable to Wavefront's pulse technology,but then thats why I'm here!

And add to that the consideration that Wavefront's technology is applicable to CO2 floods as well!?

Not to mention the environmental remediation-

Well you get the idea why I like this company's prospects-

futr

[2morrowsGains]

Wavefront's Eastern Alberta client looks to be Cenovus Energy based on the information listed below...
(Cenovus Energy (CVE) = a $28 BILLION $$ company)...

- On June 28, 2007 Wavefront inked w/ EnCana to instal three Powerwave systems...
"Initially three, (3) Powerwave Dragonfly tool systems will be installed at an undisclosed Encana operation in Alberta."
http://www.onthewavefront.com/Files/Press/2007/2007-06-28_Encana%20-%20Dragonfly%20Installation.html

- On Oct 9, 2007 Wavefront announced that three Powerwave tool systems have been installed in Alberta in a pre-commercialization project first announced on June 28, 2007.
http://www.onthewavefront.com/Files/Press/2008/2007-10-09_Dragonfly%20Installs.html

- In 2009 EnCana split the company and formed Cenovus Energy Inc.
Cenovus Energy is a leading integrated oil company that is focused on its growing enhanced oil projects and its established natural gas and crude oil production in Alberta and Saskatchewan.
http://www.encana.com/news/newsreleases/2009/pdfs/1130-split-closes.pdf

- On Oct 13, 2010, Wavefront announced that the longest running Powerwave program located in Eastern Alberta would be expanded by 10 additional systems. The 10 additional systems would then bring the total number of Powerwave systems installed with the Eastern Alberta client to 63. (So the # of units installed at the time of the PR looked to equal 53).
http://www.onthewavefront.com/Files/Press/2011/2010-10-13_Eastern%20Alberta%20Update.html

- On Oct 13, 2010, a Wavefront video was released by Business Television in which Tor Meling refers to the Eastern Alberta project as a pikot project that's "been going for about three years". He goes on to say..."After the first 2 years, the pilot was expanded to a larger scheme, and we now have 53 systems in that field. So it's a pretty big expansion. You go from 3 to 53."

My guess is that Cenovus is using (installing) the Powerwave at Pelican Lake (or somewhere close by)...
http://www.cenovus.com/operations/oil/pelican-lake.html

I think it's obvious that Cenovus is Wavefront's Eastern Alberta customer, but that's just my opinion. And if they are, it is a HUGE validation for Wavefront's product and speaks VOLUMES for the Powerwave in the future. Long term potential is enormous!!
Here are the news releases (going back to 2009) referring to the "Eastern Alberta" customer (Cenovus Energy???)...

June 9, 2009
Powerwave Installation Increases Oil Production By 34,000 Barrels

Oct 26, 2009
Eastern Alberta Powerwave Update -- Incremental Oil Production Reaches 168 Per Cent At Two-Year Mark

Dec 17, 2009
Positive Results Prompt Alberta Client To Increase Use Of Powerwave -- Wavefront To Initially Provide 35 To 50 Additional Powerwave Systems

Feb 25, 2010
Alberta Client Begins Expansion Of Powerwave Program

Oct 13, 2010
Eastern Alberta Client Expands Powerwave Program

Jan 4, 2011
Eastern Alberta Client Expanding Its Powerwave Program -- Up To 45 Additional Powerwave Systems To Be Added To The Existing 63 Installations

April 8, 2011
"Wavefront is also pleased to announce that the Eastern Alberta client has provided an initial 31 well locations for the additional Powerwave deployment previously announced in a January 4, 2011 news release. In that release the Eastern Alberta client indicated it would expand by up to 45 additional Powerwave systems coinciding with permitting and well workovers. Deployment of the 31 Powerwave tools will commence after spring break-up when road bans are lifted."
http://www.onthewavefront.com/Files/Press/2011/2011-04-08_Warrant%20Amendment%20%20Alberta%20Client%20Update.html

[futrcash]

Highly recommended video explaining Wavefront's Game changing Technology-

thanks for posting that.

futr

[2morrowsGains]

Surfing the "Powerwave" of oil recovery...

[sumisu]

Back into Wavefront; if you need an assistant on this board, please add me.

sumi

[futrcash]

Powerwave To Drive Increased Oil Recovery With Middle East Operator

WAVEFRONT TECHNOLOGY SOLUTIONS INC.TSX-V: WEEPink Sheets: WFTSF
For Immediate Release:
April 11, 2011



--------------------------------------------------------------------------------

Powerwave To Drive Increased Oil Recovery With Middle East Operator
Oman’s National Oil Company Deploying Six Powerwave Systems
EDMONTON, Alta April 11, 2011- Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors, is pleased to announce that six Powerwave systems will initially be installed with Oman’s National Oil Company (NOC). Installations for this commercial project are slated to commence by July 2011.

The NOC is the foremost exploration and production company in the Sultanate and accounts for more than 70 per cent of Oman’s crude-oil production and nearly all of its natural-gas supply. The NOC is 60 per cent owned by the Government of Oman with the remaining 40 per cent owned by major international oil producers.

“One of Powerwave’s many strengths is its ability to transform marginal producing fields into highly profitable reservoirs while also adding more booked reserves,” said Wavefront President and CEO Brett Davidson. “The world continues to have an insatiable appetite for oil and we are very pleased to add this NOC as more and more international oil producers turn to Powerwave to help increase their production and feed that appetite”.
On behalf of the Board Of Directors,

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]

[futrcash]

April 8,2011 WAVEFRONT TECHNOLOGY SOLUTIONS INC.
TSX-V: WEE
Pink Sheets: WFTSF
For Immediate Release:
April 8, 2011



--------------------------------------------------------------------------------

Wavefront seeks TSX Exchange Approval on Warrant Terms
EDMONTON, Alta April 8, 2011- Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors, announces that it will be seeking the approval of the TSX Ventures Exchange (the “Exchange”) to the extension of the term of certain share purchase warrants (“Warrants”) issued on April 26, 2010. Wavefront will be seeking an extension from the current expiry date of April 26, 2011 to April 26, 2012 (subject to early expiry). The Warrants are subject to an early expiry if the volume weighted average trading price of the Company’s shares equals or exceeds $3.15 per share for a period of 20 consecutive trading days. In the event that should occur, then Wavefront will have the right to accelerate the expiry date of the Warrants by giving 30 days written notice to the warrant holders.

The extension sought will, if approved, apply to all 5,219,085 Warrants issued on April 26, 2010 to investors, other than Warrants exercised to date. As originally issued, each one whole Warrant entitles the holder to purchase one common share of the Company at a price of $2.75 per Warrant share at any time up to 4:00 pm. (Pacific Standard Time) on April 26, 2011.

In addition, Wavefront will also be seeking Exchange approval to amend the exercise price of the Warrants issued on April 26, 2010 from $2.75 per Warrant share to $1.75 per Warrant share, or such other price as is acceptable to the Exchange, calculated in accordance with the applicable Policies of the Exchange.

Wavefront is also pleased to announce that the Eastern Alberta client has provided an initial 31 well locations for the additional Powerwave deployment previously announced in a January 4, 2011 news release. In that release the Eastern Alberta client indicated it would expand by up to 45 additional Powerwave systems coinciding with permitting and well workovers. Deployment of the 31 Powerwave tools will commence after spring break-up when road bans are lifted. Under a confidentiality agreement, Wavefront is prohibited from releasing the client name, field location, and financial terms.

“At multiple locations Powerwave continues to mobilize stranded oil, improve oil recovery, slow production decline rates, extend field life, and give rise to greater ultimate oil recovery from a producing field. Wavefront continues to place strong emphasis on the Western Canadian Sedimentary Basin, Texas and California as well as aggressively pursuing high-profile opportunity in the international marketplace. On the strength of results Wavefront anticipates adding further Powerwave client’s in the near term,” said Wavefront President and CEO Brett Davidson.


On behalf of the Board Of Directors,

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]


futr

[futrcash]

Welcome aboard-really like this one for the long term-

If you review their more recent PRs you see a steady adoption of their technology,repeat orders,and secrecy with respect to the names of the early adopters.

Seems Wavefront is right on the cusp of positive cash flow,and full on Industry penetration.

imo,
futr

[chilar4567]

FUTR, THX FOR PM. JOINING THE PARADE.

[futrcash]

I finally reentered here as I don't see hardly any downside,and a Huge upside-

I liked the last PR as well-


Wavefront adds leading Calgary oil-industry executive to Board of Directors
EDMONTON, Alta., March 14, 2011/ Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors is pleased to announce that John Zahary has joined Wavefront’s Board of Directors. Mr. Zahary holds a B.Sc. in Mechanical Engineering from the University of Calgary and a Masters of Philosophy in Management from the University of Oxford.

Mr. Zahary brings extensive senior management experience in the upstream and integrated oil and natural gas industry to Wavefront. He is currently the President and Chief Executive Officer of Harvest Operations Corp., a subsidiary of the Korean National Oil Corporation.

Mr. Zahary has served in a number of senior management positions, including executive roles as President & Chief Executive Officer of Viking Energy, prior to its merger with Harvest Energy Trust, and President of Petrovera Resources prior to a takeover by Canadian Natural Resources Ltd. and Penn West Petroleum Ltd. Mr. Zahary has also held senior positions at PanCanadian Petroleum Limited, Canadian Oil Sands Trust, Gulf Canada Resources Ltd., Imperial Oil Limited and Texaco Canada Resources. Mr. Zahary is a member of the Alberta Energy Minister’s Oil and Gas Economics Advisory Council, a member of the Alberta Securities Commission Petroleum Advisory Committee, the Chairman of the Western Canada Rhodes Scholarship Selection Committee, and a member of the Miller Thomson Foundation National Scholarship Board of Governors as well as other business and volunteer involvements. He has also served as a Director and President of the Alberta Chamber of Resources, a Governor and Officer of the Canadian Association of Petroleum Producers, Chairman of the Petroleum Technology Research Centre, and a Director of the Canadian Heavy Oil Association.

Mr. Zahary commented, “Wavefront’s technologies have successfully demonstrated their capability to enhance recovery from oilfields and accelerate remediation from contaminated sites. I look forward to assisting the Management team as it moves forward in disseminating the technology more broadly and growing the Corporation in the years ahead.”

“Interest and demand for Wavefront’s technology continues to grow around the world, and John’s extensive strategic and operational experience will help us maximize the potential of these exciting opportunities,” said Wavefront Chairman Steve Percy. “He is joining the Wavefront Board at a pivotal time, and his insights and advice will be extremely valuable in shaping our path forward and guiding our growth.”

In addition, the Company also wishes to announce that it will file, in accordance with TSX Venture Exchange policy, a Summary Form disclosing the granting of an aggregate of 75,000 incentive stock options pursuant to the Wavefront's Stock Option Plan. The stock options are being issued to a director of the Company. The options will be exercisable at a price of $0.94 per share, or other such other price as allowed by the TSX Venture Exchange, for a period of five years. In accordance with Wavefront's Stock Option Plan and Exchange policy, the incentive stock options are subject to a hold period of 4 months and vesting period of 18 months.

On behalf of the Board Of Directors,

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director


About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]


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Thats a very provacative PR-

What they're proving is that not only does Wavefront increase waterflood recovery,but CO2 recovery effectiveness!

I've bought and sold this several times already trying to build a position.

My bid today has yet to fill-

Long term this has the potential to become a household name in the Oil Sevices Industry-

imo-

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Wavefront's Powerwave Generates 120.6 Percent Production Increase

Positive Production Results Seen in Michigan Powerwave Program

Press Release Source: Wavefront Technology Solutions Inc. On Tuesday February 22, 2011, 5:19 pm EST

http://finance.yahoo.com/news/Wavefronts-Powerwave-iw-1153076265.html?x=0&.v=1

EDMONTON, ALBERTA--(Marketwire - 02/22/11) - Wavefront Technology Solutions Inc. ("Wavefront" or the "Corporation") (TSX-V:WEE - News) (PINK SHEETS:WFTSF - News), a leader in technology development and implementation for improved oil recovery and optimized groundwater remediation is pleased to report positive Powerwave results from a Michigan CO2 flood operational since October 2009 with Core Energy.

The goal of this Powerwave project was to provide the means for broader distribution of the CO2, allowing for more effective oil recovery with the combined strategy. Production data to January 12, 2010 indicates that the production rate has increased by 45.99 barrels of oil per day ("bopd") to 84.13 bopd or 120.6 percent more than the pre-Powerwave baseline production of 38.14 bopd. Production decline rate has also decreased from a pre-Powerwave rate of 6.1 percent per month to a rate of 2.0 percent per month with Powerwave. Results are from three production wells surrounding the sole CO2 injector.

"As an oil producer Core is continuously looking to optimize operations, increase production, and maximize recovery of original oil in place," said Core Energy President Robert Mannes. "After 16-months of evaluation Core engineers confirm the above results and will be reviewing other assets for further Powerwave deployment to replicate the production results of the pilot program."

"The production gains at Core's operations are within Wavefront's expectations for optimizing water and CO2 floods and are consistent with outcomes elsewhere," said Wavefront President and CEO Brett Davidson. "We are looking forward to working with Mr. Mannes and his team on additional Powerwave deployments."

The Corporation would also like to announce that 90 of the 107 installed Powerwave systems are currently being invoiced. The increase in invoiced systems is related to a reduction of various incentives and inducements offered to clients in the early stage of Powerwave adoption.

"Powerwave's track record of positive results is becoming well known throughout the industry, and we are pleased to see the reduced need for incentives and inducements to entice prospective clients to deploy Powerwave," said Mr. Davidson. "Wavefront will continue to leverage strong Powerwave results generated in multiple locations to advance market penetration with producers who have a focus on maximizing reserves and asset value."

ON BEHALF OF THE BOARD OF DIRECTORS

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

D. Brad Paterson, CFO & Director

About Wavefront:

Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

Cautionary Disclaimer - Forward Looking Statement

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", "believe", "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 www.sedar.com. Wavefront expressly disclaims any obligation to up-date any "forward-looking statements", other than as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:
Contacts:Wavefront Technology Solutions Inc.Brett DavidsonPresident and CEO780-486-2222Wavefront Technology Solutions Inc.D. Brad [e-mail]

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Wavefront Technology Solutions Inc.
Announces First Quarter Results
EDMONTON, Alta., January 28, 2011/ Wavefront Technology Solutions Inc. (“Wavefront” or the “Corporation”, TSX-V: WEE), a leader in technology development and implementation for improved oil recovery and optimized groundwater remediation announces its financial and operating results for the first quarter ended November 30, 2010.

Revenues for the three months ended November 30, 2010 were $925,175, an increase of $348,848 or 60.5% over the comparative period in 2009 that recognized revenues of $576,327. The Corporation continues to make considerable advances in the commercialization of its core technologies: Powerwave, Primawave, tubing bailer and pump product lines. These advances are reflected in increased revenues – since the second quarter ended February 28, 2009, gross revenues have increased from $267,804 to $925,175, or 245%.Subsequent to the reporting quarter, the Corporation announced the expansion of the Eastern Alberta Powerwave project by up to 45 additional systems. Based on historical ordering Wavefront anticipates the Eastern Alberta client will install the full complement of Powerwave systems it has planned for the pending expansion. The Eastern Alberta Powerwave project currently has 63 systems installed and with the announced 45 additional systems, the client will have committed to 108 Powerwave systems. The Corporation believes that this further expansion of the Eastern Alberta project sends a strong signal to other oil producers of the benefits of Powerwave and will help accelerate Powerwave’s commercialization and the Corporation’s revenue growth trend.

With the additional 45 Powerwave systems bound for Eastern Alberta, the Corporation now has committed contracts for a total of 227 Powerwave systems. Of the 227 contracts, 93 Powerwave systems were installed; however, only 49 Powerwave systems were being invoiced during the reporting quarter due to various incentives and inducements. The increasing number of Powerwave contract commitments substantiates the benefits Powerwave has provided clients in increasing oil production rates and decreasing reservoir decline rates and those gains being disseminated throughout the industry. The Corporation continues to focus on increasing the overall number of Powerwave clients, and expanding current Powerwave use across existing client assets; thus, increasing total Powerwave related revenue.

The Corporation’s expenses through the three month period were $2,402,027 compared to $1,894,814 for the comparative period in 2009. The basic and diluted net loss for the three months ended November 30, 2010 was $1,476,852 ($0.02 per share), compared to $1,894,814 ($0.02 per share) for the comparative period of November 30, 2009.

Total assets decreased by $1,442,737 to $35,729,745. The decrease was primarily due to a decrease of $1,438,967 in cash that was used to fund operations. As at November 30, 2010, the Corporation had cash and cash equivalents of $28,003,989.

As at November 20, 2010, the Corporation had a working capital of $28,171,694. The Corporation believes that its working capital position will continue to fluctuate despite having a significant increase in the number of Powerwave contracts in-hand, as Wavefront cannot control or dictate the installation schedules. The Corporation is of the opinion that its working capital position is sufficient to cover its current commitments and operations for the forthcoming fiscal year. It is also anticipated that internally generated cash from operations will continue to increase as the Corporation’s core Technologies continue to be commercialized and inducements and incentives decrease.

The above financial highlights should be read in conjunction with the unaudited consolidated financial statements and management discussion and analysis of results for Wavefront’s most recently completed quarter, ended November 30, 2010, which was filed on SEDAR on January 28, 2011.”

On behalf of the Board Of Directors,

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director


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WAVEFRONT TECHNOLOGY SOLUTIONS INC.
TSX-V: WEE
Pink Sheets: WFTSF
For Immediate Release:
January 4, 2011



--------------------------------------------------------------------------------

Eastern Alberta Client Expanding Its Powerwave Program
Up To 45 Additional Powerwave Systems To Be Added To The Existing 63 Installations
EDMONTON, Alta Jan 4, 2011/ Wavefront Technology Solutions Inc. (“Wavefront” or the “Company”; TSX-V: WEE), a world leader in providing innovative solutions for increasing oil field production and enhancing the treatment of contaminated groundwater is pleased to announce that the Eastern Alberta Powerwave client has advised Wavefront of plans to expand the current program by up to 45 additional Powerwave systems. The new Powerwave installations are expected to commence during the second quarter of calendar 2011coinciding with permitting and well workovers. Wavefront currently has 63 Powerwave systems installed with the Eastern Alberta client in two oil producing operations. Under a confidentiality agreement, Wavefront is prohibited from releasing the client name, field location, and financial terms.

“We are very pleased to see the continued expansion of the Powerwave program in Eastern Alberta and the strong signal it sends to oil producers of all sizes that Powerwave can get more oil out of their existing operations,” said Wavefront President and CEO, Brett Davidson.

“All of us at Wavefront would like to extend our appreciation to the client for their continued confidence in Powerwave to improve oil production rates, slow the rate of production decline, extend field economic life, and maximize asset value,” said Wavefront President and CEO Brett Davidson. “We are confident that Wavefront is moving beyond the stage of early Powerwave adopters and onto the early industry majority stage in the Powerwave adoption life cycle which will be a key business driver for substantial growth and profitability.”.


On behalf of the Board Of Directors, Wavefront Technology Solutions Inc.

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director

About Wavefront:
Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is www.onthewavefront.com.

For further information please contact:
Brett Davidson, President and CEO or D. Brad Paterson, CFO at 780-486-2222 or write to us at [e-mail]

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Agree with your assessment.

I bought about five days too early, but that will not matter in the future.

Have to do some work on the iBox.

sumi

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Wavefront Chart in Canadian $'s

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Outstanding News!

Getting very close to critical mass here.

Notice how all of these operators are keeping their exact locations secret so as to leave the door open to acquire additional acreage before the cat is out of the bag with respect to the increased production when using Wavefronts technology.

imo

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TriAxon Oil Corp Deploying Six Powerwave Systems to Generate More Oil Production From Its Operations

Press Release Source: Wavefront Technology Solutions Inc. On Monday November 8, 2010, 12:18 pm

http://finance.yahoo.com/news/TriAxon-Oil-Corp-Deploying-iw-116385832.html?x=0&.v=1

EDMONTON, ALBERTA--(Marketwire - 11/08/10) - Wavefront Technology Solutions Inc. ("Wavefront" or the "Company") (TSX-V:WEE - News) (PINK SHEETS:WFTSF - News), a world leader in providing innovative solutions for increasing oil field production and enhancing the treatment of contaminated groundwater is pleased to announce that Alberta based TriAxon Oil Corp will deploy six Powerwave systems to increase water injection rates and unlock more oil from its production operations. Under the terms of the agreement the field location and financial terms cannot be released.

"We are very excited about this opportunity to demonstrate to TriAxon how the Powerwave-driven flooding approach will unlock oil from tight porous rock that may otherwise have remained stranded" said Wavefront President and CEO, Brett Davidson. "One of Powerwave's strengths is its multiple tool designs, which allow it to carry out operations across a wide and varied range of reservoir conditions. Powerwave is also more efficient than traditional flooding methods and has a growing track record of improving production rates and slowing production decline."

"We believe significant upside exists with the introduction of non-steady state and transient injection to existing enhanced oil recovery schemes" said TriAxon Vice President of Engineering, Michael Scase.

About Wavefront:

Wavefront is a technology based, world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration. Wavefront publicly trades on the TSX Venture Exchange under the symbol WEE and the Company's website is http://www.onthewavefront.com.

ON BEHALF OF THE BOARD OF DIRECTORS

WAVEFRONT TECHNOLOGY SOLUTIONS INC.

D. Brad Paterson, CFO & Director

Cautionary Disclaimer - Forward Looking Statements

Certain statements contained herein regarding Wavefront and its

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PRESS RELEASE October 26,2010

WAVEFRONT TECHNOLOGY SOLUTIONS INC.
TSX-V: WEE
Pink Sheets: WFTSF
For Immediate Release:
-------------------------------------------------------------------------------

Energy Trust Turns To Powerwave To Unlock More Oil From Its Operations
EDMONTON, Alta October 26, 2010/ Wavefront Technology Solutions Inc. (“Wavefront” or the “Company”; TSX-V: WEE), a world leader in providing innovative solutions for increasing oil field production and enhancing the treatment of contaminated groundwater is pleased to announce that an Alberta based energy trust will deploy three Powerwave systems to unlock more oil from its southeastern Alberta production operations. Under the terms of the agreement the client name, field location, and financial terms cannot be released. The client has agreed to take delivery of and be responsible for licensing fees related to Powerwave equipment ninety days from the contract execution date as outlined in a new Wavefront contractual standard designed to expedite Powerwave tool installation and realize earlier revenue recognition.

“The positive case histories Wavefront is generating in the Western Canadian Sedimentary Basin and elsewhere continue to create interest in Powerwave as oil producers seek cost-effective methods of extending field life and increasing oil recovery,” said Wavefront President and CEO, Brett Davidson. “We have consistently demonstrated that when it comes to producing oil Powerwave can play a vital role in improving production performance to enhance field economics.”


For further information please contact:
D. Brad Paterson, CFO
780-486-2222 ext. 224 Tel
[e-mail]
www.onthewavefront.com

On behalf of the Board Of Directors, Wavefront Technology Solutions Inc.

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director


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Eastern Alberta Client Expands Powerwave Program
EDMONTON, Alta October 13, 2010/ Wavefront Technology Solutions Inc. (“Wavefront” or the “Company”; TSX-V: WEE), a world leader in providing innovative solutions for increasing oil field production and enhancing the treatment of contaminated groundwater is pleased to announce that the longest running Powerwave program located in Eastern Alberta will be expanded by 10 additional systems this year, as well as an additional project expansion anticipated in the client’s 2011 budgetary plan. The 10 additional systems will bring the total number of Powerwave systems installed with the Eastern Alberta client to 63. Under the terms of the agreement the client’s name, exact field location, and financial terms cannot be released.

The original three Powerwave-driven waterflood injection patterns, installed in October, 2007, continue to demonstrate a significant and unprecedented benefit – an increase in oil production rate, as well as a decrease in the historical oil production decline rate. Production decline is a measure of the rate at which the reservoir is being depleted of recoverable oil. Prior to Powerwave implementation, the two-year historical production decline was 3.4 per cent per month. At the end of the two-year pilot program using Powerwave, production decline significantly improved to 1.1 percent per month. New data representing the full three-year history since Powerwave inception shows the production decline rate has reduced even further to 0.2 percent per month.

“Powerwave results in Eastern Alberta have exceeded expectations and we are very pleased to see expansion of the program,” said Wavefront President and CEO, Brett Davidson. “Successfully reducing oil production decline in the original three Powerwave injection patterns confirms that Powerwave can extend field life and increase ultimate oil recovery. Based on the three-year history we fully expect an independent qualified reserves evaluator to book more proven reserves in those three Powerwave-driven injection patterns.”

Approximately 85,000 barrels of increased oil production have been attributed to Powerwave at the three original installations over the three-year period. This represents a 322 per cent increase in oil recovery above that which would have been produced based on the natural production decline rate established for the 3 water injection patterns where Powerwave is deployed. The incremental oil production is apportioned to 16 producing wells which surround the Powerwave installations.


For further information please contact:
D. Brad Paterson, CFO
780-486-2222 ext. 224 Tel
[e-mail]
www.onthewavefront.com

On behalf of the Board Of Directors, Wavefront Technology Solutions Inc.

“D. Brad Paterson” (signed)
D. Brad Paterson, CFO and Director


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http://www.onthewavefront.com/Files/News/2010/2010-05-01_EPmag.pdf

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PowerWave helps resucue billions of barrels of stranded Oil-


http://www.onthewavefront.com/Files/News/2010/2010-08_Scandinavian-Oil-And-Gas.pdf

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Wavefront Has the technology to Squeeze You Dry-

http://www.onthewavefront.com/Files/News/2011/2010-09_Fuel%20Oil%20News.pdf

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