Wavefront Energy & Environmental Services (fka WEESF)

[Golden Cross]

WEESF: Wavefront Appoints Vice President of Operations and Additional DeepWave Business Development
Monday May 15, 12:54 pm ET


EDMONTON, May 15 /PRNewswire-FirstCall/ - Wavefront Energy and Environmental Services Inc., a provider and licensor of its proprietary DeepWave(SM) (http://onthewavefront.com/dw_what-is-deep-wave.htm) Technology for improved oil recovery and groundwater remediation is pleased to announce that Mr. John Warren has accepted the position of Vice President of Operations and Business Development.
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Based in Houston, Mr. Warren will be responsible for marketing DeepWave(SM) in the global oil and gas industry, overseeing United States based oil production operations, as well as growing the Company's Houston based operations. Mr. Warren comes to Wavefront from his position of Product Manager, Water Shut-off at Halliburton. For the past two years in his position with Halliburton Mr. Warren has worked closely with the Company's management and staff spearheading both DeepWave(SM) marketing and development.

Wavefront President and CEO Brett Davidson stated, "We are very excited about John becoming a member of Wavefront and its management team. John brings a wealth on domestic and international experience to the Company. As we progress in the development of our oil field assets and the positioning of DeepWave(SM) in the marketplace he will be a significant asset to the Company. His intimate knowledge of the Company's staff and core technology will be an immediate benefit".

The Company is also pleased to announce that its licensee, Halliburton, has completed a royalty bearing well intervention in California. The acid placement was performed outside of Bakersfield, California with a repeat client who examined two previous tracer tests conducted with DeepWave(SM) and concluded, "In both presentation, the two wells indicate that both iron (Fe) acid and the mud acids were dispersed throughout the wellbore and also indicate deep penetration over portions of the wellbore. Previous investigation work after stimulating bull head (i.e., open ended coil tubing) indicated majority of stimulation fluid exiting out of very short pay zone, typically where a fracture or dolomite episode occurs. Therefore, the DeepWave tool did demonstrate dispersion and deep penetration". The Company is pleased to note that further well stimulations involving unique monitoring techniques employing fiber optic temperature sensing to analyze the affects of DeepWave(SM) are planned with this operator.

Wavefront President and CEO Brett Davidson commented, "The Company has continuously maintained that DeepWave(SM) will provide greater dispersion and deeper penetration of any injected fluid. Third-party testimonials as outlined above support the Company's position. We look forward to continued success from the Company's licensee, Halliburton and the California operator".

About Wavefront Energy and Environmental Services Inc.

Wavefront develops, markets, and licenses proprietary technologies in the energy and environmental sectors. The Company's DeepWave(SM) Technology for fluid flow optimization has been demonstrated to increase oil recovery. Within the environmental sector, DeepWave(SM) Technology accelerates contaminant recovery and improves in-ground treatment of groundwater contaminants thereby reducing liabilities and restoring the site to its natural state more rapidly.


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
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Certain statements contained herein regarding the Company and its operations constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements that are not historical facts, including without limitation statements regarding future estimates, plan, objectives, assumptions or expectations or future performance, are "forward-looking statements". 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. The Company expressly disclaims any obligation to up-date any "forward-looking statements".


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THE TSX VENTURE EXCHANGE NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF
THIS RELEASE WHICH WAS PREPARED SOLELY AT THE DISCRETION OF MANAGEMENT





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Source: Wavefront Energy and Environmental Services Inc.