www.onthewavefront.com 

For Immediate Release

TSX-V: WEE
Pink Sheets: WEESF


 Production Gains Seen In Fort St. John
DeepwaveSM Well Stimulation

 

EDMONTON, Alta March 24, 2006/ Wavefront Energy and Environmental Services Inc., a provider and licensor of its proprietary DeepWaveSM (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 DeepWaveSM well stimulation conducted in Fort St. John, BC as announced on March 14, 2006. The well, a horizontal producer, was the subject of an acid stimulation where the DeepWaveSM process was utilized to achieve greater distribution and penetration of the injected liquid.

Prior to the stimulation, average production was 2.3 cubic meters of oil per day. Oil production has been steadily increasing since the DeepWaveSM stimulation. The results of an oil production test conducted on March 20, 2006 indicate the well was producing 6.5 cubic meters of oil per day. This represents an approximate three-fold increase in productivity. Once production has stabilized, we will provide a production update. 
 
About Wavefront Energy and Environmental Services Inc.
 
Wavefront develops, markets, and licenses proprietary technologies in the energy and environmental sectors. The Company’s patented DeepWaveSM Technology is a proven and verified fluid flow optimization technique. Within the energy sector the Company’s strategy is to license the technology to service providers, provide site licenses to oil producers, and to acquire or earn working interests in mature oilfields. In the environmental sector, DeepWaveSM is licensed to service providers who implement the technology to reduce long-term liabilities associated with contaminated sites.
 

For further information please contact:
 

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

 

 

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
Certain statements contained herein regarding the Company and its operations constitute “forward-looking statements” within the meaning of the United Sates 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 know 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”.

 

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