Investorideas.com New Showcase Water Stock, Wescorp Energy Inc. Provides Solutions for ‘Produced Water’ in Oil and Gas Industry
InvestorIdeas.com, a leading global investor and industry research portal covering water, environment and oil and gas sectors, announces a new featured showcase company, Wescorp Energy Inc, a company providing technology based solutions for the treatment of contaminated ‘produced water’ for the oil and gas industry
Point Roberts, WA, March 25, 2009 --(PR.com)-- Oil and gas production worldwide generates a tremendous amount unwanted waste water - water that has been contaminated with hydrocarbons, sand, drill cuttings, organic and inorganic salts. The produced water is contaminated naturally from the formation and artificially through oil and gas processing. The handling, treatment and disposal of the produced water are some of the most controversial and environmentally challenging issues oil and gas producers face today. Produced water from hydrocarbon operations creates massive volumes of waste that requires remediation.
Headlines in a March 2009 article in Oilweek.com, “Water—its use, reuse and conservation—has become almost as important to Alberta’s economic future as oil”, forecast the importance of finding solutions within the industry.
http://www.oilweek.com/articles.asp?ID=638
Wescorp Energy Inc. is an oil and gas solutions provider that specializes in water remediation and environmental technologies for the global oil and gas industry. One of the company’s primary technologies, H2Omaxx, is a commercially scalable water remediation unit that uses patented aeration technology to consistently provide safe, effective and economical separation of oil from produced water. Final independent verification testing was completed in November 2008. Analytical results proved the H20maxx unit increased the recovery of oil and reduced the amount of hydrocarbons in the treated produced water to less than 0.001% or 10 parts per million.
According to the company, “Virtually anywhere in the world that oil is produced, contaminated produced water becomes an unwanted byproduct. Water becomes contaminated naturally through associated formation water in conventional oil and gas production. Unconventional oil production including Oil Sands development in Alberta, Canada contaminates huge amounts of fresh potable water during the production and processing of the oil.”
According to Industry Canada, “Strict Canadian environmental regulations have demanded that Canadian engineers and scientists develop innovative remedial technologies to clean-up a broad spectrum of contaminants, such as petroleum hydrocarbons.”
http://www.ic.gc.ca/eic/site/ogt-ipg.nsf/eng/dk00095.html
Wescorp’s H20maxx technology is not going unnoticed. In December 2008, Wescorp announced that Weatherford International Ltd., executed a letter of intent for the testing of Wescorp's wholly-owned water remediation technology, H2Omaxx, in two projects in South America. Wescorp and Weatherford are currently in negotiations for a possible exclusive long-term global cooperative agreement. H2Omaxx units provide oil and gas operators an opportunity to increase their profits, and reduce their operational costs by reducing, reusing, and recycling water without the use of flocculants.
Weatherford is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry.
Wescorp Energy Inc Showcase Profile Page: water-stocks.com/CO/WSCE/Default.asp
Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts, interviews and a directory of public companies within the water sector.
About InvestorIdeas.com: Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: InvestorIdeas.com/About/Disclaimer.asp
Disclosure, compensation: investorideas.com/About/News/Clientspecifics.asp
For Additional Information:
Investorideas.com
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Wescorp Energy Inc, Investorideas.com
Contact Wescorp directly for investor relations questions.
1.877.247.1975
###
Headlines in a March 2009 article in Oilweek.com, “Water—its use, reuse and conservation—has become almost as important to Alberta’s economic future as oil”, forecast the importance of finding solutions within the industry.
http://www.oilweek.com/articles.asp?ID=638
Wescorp Energy Inc. is an oil and gas solutions provider that specializes in water remediation and environmental technologies for the global oil and gas industry. One of the company’s primary technologies, H2Omaxx, is a commercially scalable water remediation unit that uses patented aeration technology to consistently provide safe, effective and economical separation of oil from produced water. Final independent verification testing was completed in November 2008. Analytical results proved the H20maxx unit increased the recovery of oil and reduced the amount of hydrocarbons in the treated produced water to less than 0.001% or 10 parts per million.
According to the company, “Virtually anywhere in the world that oil is produced, contaminated produced water becomes an unwanted byproduct. Water becomes contaminated naturally through associated formation water in conventional oil and gas production. Unconventional oil production including Oil Sands development in Alberta, Canada contaminates huge amounts of fresh potable water during the production and processing of the oil.”
According to Industry Canada, “Strict Canadian environmental regulations have demanded that Canadian engineers and scientists develop innovative remedial technologies to clean-up a broad spectrum of contaminants, such as petroleum hydrocarbons.”
http://www.ic.gc.ca/eic/site/ogt-ipg.nsf/eng/dk00095.html
Wescorp’s H20maxx technology is not going unnoticed. In December 2008, Wescorp announced that Weatherford International Ltd., executed a letter of intent for the testing of Wescorp's wholly-owned water remediation technology, H2Omaxx, in two projects in South America. Wescorp and Weatherford are currently in negotiations for a possible exclusive long-term global cooperative agreement. H2Omaxx units provide oil and gas operators an opportunity to increase their profits, and reduce their operational costs by reducing, reusing, and recycling water without the use of flocculants.
Weatherford is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry.
Wescorp Energy Inc Showcase Profile Page: water-stocks.com/CO/WSCE/Default.asp
Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts, interviews and a directory of public companies within the water sector.
About InvestorIdeas.com: Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: InvestorIdeas.com/About/Disclaimer.asp
Disclosure, compensation: investorideas.com/About/News/Clientspecifics.asp
For Additional Information:
Investorideas.com
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Wescorp Energy Inc, Investorideas.com
Contact Wescorp directly for investor relations questions.
1.877.247.1975
###
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Water-Stocks.com
Dawn Van Zant
800-665-0411
www.water-stocks.com
Dawn Van Zant
800-665-0411
www.water-stocks.com
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