www.onthewavefront.com 

For Immediate Release

TSX-V: WEE
Pink Sheets: WEESF


Extraordinary Production Gains Seen In
DeepwaveSM Well Stimulation

 

EDMONTON, Alta January 31, 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 previously reported on December 16th, 2005. 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. The operator wishes to keep the exact production rates confidential at this time. Prior to the stimulation, the well was not economical. Following the DeepWaveSM stimulation, there was 2,250% improvement in production from the well, providing results beyond the operator’s expectations.

The operator recently conducted a second DeepWaveSM 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 DeepWaveSM. 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 DeepWaveSM 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 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.