www.onthewavefront.com   

For Immediate Release

TSX-V: WEE
Pink Sheets: WEESF


WAVEFRONT ENERGY & ENVIRONMENTAL SERVICES INC.

Drilling Operations Commence In Rogers County, Oklahoma

 

EDMONTON, Alta November 16, 2005/ 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 announce that drilling operations have commenced in Rogers County, Oklahoma.

 

The present development strategy for the lease calls for the drilling of 10 horizontal wells and 22 new water injectors to augment the existing 40 vertical producers and 18 water injectors.  When fully developed it is anticipated that 40 DeepWaveSM systems will be deployed in the Rogers County lease.  The current drilling program will see the first horizontal well drilled and completed with a planned horizontal leg of 500 feet in length.  Additional wells in the current program consist of 4 water injectors straddling the horizontal, and 1 water injector being drilled in an existing 5-spot waterflood pattern.

 

Brett Davidson, President and CEO of Wavefront commented, “We have developed a very sound exploitation strategy that fully captures the benefits of DeepWaveSM.  This is a considerable opportunity to maximize recovery of the approximately 15 million barrels of oil in place.  The Company and its working interest partners are targeting oil production levels at Rogers County of 1000 bbl/day or better when the exploitation strategy is fully implemented.  Depending on external factors we anticipate the exploitation strategy to be completed in a minimum of twelve months.  We look forward to reporting on progress and production results once DeepWaveSM is implemented.”
 
 
About Wavefront Energy and Environmental Services Inc.
 
 Wavefront develops, markets, and licenses proprietary technologies in the energy and environmental sectors. The Company’s DeepWaveSM Technology for fluid flow optimization has been demonstrated to increase oil recovery. Within the environmental sector, DeepWaveSM 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.
 

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.