Powerwave well stimulation project kicks off in Bahrain

December 14, 2016

EDMONTON -- Wavefront Technology Solutions Inc. is pleased to announce that the first two wells of a seven well Powerwave stimulation program have been completed in Bahrain.

Through its network of local distributors, Wavefront continues to execute its Powerwave well stimulation strategy in the Middle East and believes Powerwave will be effective in increasing post-stimulation oil and gas production over conventional stimulation approaches in the 1,730 producing wells in Bahrain.

"We are very pleased to commence the Powerwave stimulation work in the Kingdom of Bahrain and foresee positive results that will lead to consistent monthly work," said Wavefront President and CEO Brett Davidson. "As we move into calendar 2017 Wavefront anticipates that with higher and stable oil prices as well as increased operating budgets with national oil companies that the Company will experience growing business opportunity in the Middle East region."

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