Powerwave Campaign Expanded in the Kingdom of Saudi Arabia
Summary
EDMONTON, Alberta, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Wavefront Technology Solutions Inc. (Wavefront or the Company) (TSX-V: WEE ) (OTCQX:WFTSF), a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced oil (“IOR/EOR”) recovery is pleased to announce that its marketing partner in the Kingdom of Saudi Arabia has advised Wavefront that an additional 50 Powerwave Odyssey Custom Stimulation (POCS) programs are slated to be added to the campaign that started with seven wells.“We are extremely pleased and very excited to have the confidence of the end user who has entrusted Wavefront to provide its industry altering POCS approach to oil and gas well stimulation,” said Wavefront President and CEO, Brett Davidson.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.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.From Bit To Last Drop™, WaveAxe™, Powerwave™ and Primawave™ are registered trademarks of Wavefront Technology Solutions Inc., or its subsidiaries, or affiliates.