Wavefront issued 15-well stimulations campaign in Kuwait

July 21, 2017

EDMONTON -- Wavefront Technology Solutions Inc., a global supplier of fluid injection technology for oil and gas well stimulation and Improved/Enhanced oil (IOR/EOR) recovery has announced that the Company, through its local distributor, has been issued a campaign of 15 well stimulations in Kuwait.

The 15-well stimulation campaign consists of 10 Powerwave-driven acid stimulations on water injection wells and five Powerwave-driven acid stimulations on oil producing wells. Well candidates have been chosen and Powerwave stimulation modeling is to be completed. The timing of individual stimulations has not been set, but the initial work is anticipated to commence within 10 days. Revenues from the well stimulations are variable and relate to the length of the well interval being stimulated.

"We are very pleased to have the confidence of the client and receive this stimulation package" said Wavefront President and CEO Brett Davidson. "The Company anticipates that this first campaign will be one of many in a field that has over 250 wells identified for stimulation."

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