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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Willsgarden who wrote (53348)2/13/2006 4:34:38 PM
From: hotlinktuna  Read Replies (1) | Respond to of 59879
 
Good luck bill! I got CNVX CESV GEOI HRT and WEE.V today. The CNVX and HRT did great so far and I really like the area WEE.V is in, though it is extremely volatile!! Wavefront Energy & Environmental Services Inc. extraordinary production gains seen in DeepWave(SM) well stimulation
Tuesday January 31, 11:43 am ET

EDMONTON, Jan. 31 /CNW/ - 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 provide an update on the DeepWave(SM) well stimulation previously reported on December 16th, 2005. The well, a horizontal producer, was the subject of an acid stimulation where the DeepWave(SM) process was utilized to achieve greater distribution and penetration of the injected liquid. The operator wishes to keep the exact production rates confidential at this time. Prior to the stimulation, the well was not economical. Following the DeepWave(SM) stimulation, there was 2,250% improvement in production from the well, providing results beyond the operator's expectations.

The operator recently conducted a second DeepWave(SM) stimulation. During this stimulation a tracer was utilized to gain a better understanding of the distribution and penetration depth of the injected liquids. The well has yet to be placed back into production hence results are not available at this time.

The Company would also like to update the market on the gas well stimulation conducted in Oklahoma as reported on October 11th and 24th, 2005. The primary objective of the stimulation was to stop the production of frac sand from being produced in the production interval. The secondary objective was to slow water production via the introduction of a patented and a proprietary chemical provided by the Company's licensed provider of DeepWave(SM). To date the primary objective has been 100% effective while the secondary objective appears to have had some positive bearing on slowing water production but to what extent remains unclear. Gas production from the well has been relatively stable since the date of stimulation. The well, which was not economical prior to the stimulation, remains economical today.

Wavefront President and CEO Brett Davidson stated, "Since 1997 we have been touting the versatility of the DeepWave(SM) process. We have positively validated the strength of the technology in gas reservoirs, heavy oil reservoirs, light oil reservoirs, and in the groundwater remediation sector. The scope of the applications for the technology is broad and we are only just beginning to see where results such as those detailed above lead us".

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

For further information

D. Brad Paterson, CFO, (780) 486-2222 x224 Tel, investor.info@onthewavefront.com

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Source: Wavefront Energy and Environmental Services Inc.