February 2010 Research Report On Wescorp Energy Inc (OTCBB:WSCE)
The Opportunity
Wescorp Energy Inc. provides solutions on a global basis for conventional and unconventional oil and gas companies looking to solve tough operating challenges. We provide environmentally responsible solutions that enable our customers to reduce operating costs, increase operating efficiencies, increase production, exceed government regulations and create new sources of revenue, thus maximizing their return on invested capital.
Management Profiles
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Technology
Wescorp provides patented, proprietary, innovative and unique technologies with strong economic and environmental advantages over competitors.
Wescorp intends to use their environmentally friendly technologies independently or in conjunction with each to address the critical water and contaminated soil issues facing the oil and gas industry today.
Water Remediation
- The Athabasca River is the primary water source for all oil sands exploration, development and production in northern Alberta Canada
- For every barrel of synthetic crude oil produced through heavy oil upgrading 2-4 barrels of fresh water is used
- In Canada alone, existing and approved oil sands operations are currently licensed to remove and use 2.5 billion barrels of water per year from the Athabasca River
- Tailings ponds already cover more than 60 square kilometres (23 square miles) in northern Alberta Canada and can be seen from space with the naked eye.
Weatherford International Ltd (NYSE:WFT) has executed a letter of intent for the testing of Wescorp's wholly-owned water remediation technology in two projects in South America. H2Omaxx is a commercially proven, safe, effective and economical process for cleaning and separating oil and solids from produced water.Independant Test results on the unit have been shown to reduce the oil content in produced water to less than 0.001% or 10 parts per million oil allowing oil and gas operators to reduce, reuse, and recycle water without the use of chemicals filtration systems, high temperature systems and high pressure vessels.
Environmental Remediation
Wescorps HCXT technology cleans and separates solids from hydrocarbons, water and drilling mud's created from the drilling and production of oil/gas. Bio-degradable chemicals separate and clean solids and drilling cuttings transforming them from solids that would be waste products and very expensive to dispose of into solids that are approved by environmental agencies for commercial and residential use as sand gravel or fill.
WSCE News Release:
Wescorp (OTCBB: WSCE) to Build a Mobile H2Omaxx Water Remediation Unit for Demonstration and Marketing - March 4, 2010
Wescorp's Clean Water Technologies to Be Utilized in Cancen Oil's Newly Acquired Alberta Remediation Facility - February 4, 2010
WSCE Media Coverage
(OTCBB:WSCE) Wescorp Energy Inc. Technical Trading alert - Bullish MACD Crossovers (NASDAQ)
www.Stockcharts.com
September 28, 2009
Water Stocks Sector Close-Up on Water Stocks; Climate Change and Water
Investor Ideas
August 28, 2009
Two sales a 'huge step' for city firm's oilfield waste-water system, By Dave Cooper
Edmonton Journal
June 10, 2009
Tiny bubbles make big wave in oilpatch
Edmonton Journal
October 2, 2008
Audio Clip of Appearance on the
Brent Bullis Money Show
Brent Bullis Money Show
www.theteam1260.com
September 7, 2008
Free Oil and Clean Water
Bob Moriarty
321energy.com
August 5, 2008
Cleaning up the Oil Patch, Literally
July 30, 2008
Produced water management:
controversy vs. opportunity
Oil & Gas Journal
Technology Forum Supplement
May 12, 2008
Bubble Scrub
New Technology Magazine
March, 2008
Investor Relations Contact
Wescorp Energy, Inc.
Investor Services
phone (877) 247-1975
Fax (403) 770-2931
Email: wescorp_ir@beaumontcapital.ca
Industry Links
Produced Water Society
Disclaimer: Corporate Profile as prepared and approved by featured company.
