|
Category: Investment, Water
Wescorp (OTCBB: WSCE) to Build a Mobile H2Omaxx Water Remediation Unit for Demonstration and Marketing
CALGARY, ALBERTA - March 4, 2010 - Wescorp Energy Inc. (OTC.BB:WSCE) is pleased to announce that it has entered into a contract for K-Line Trailers Ltd., to design and construct a full-size, commercial grade H2Omaxx mobile water remediation unit for Wescorp. The self-contained unit will contain its own storage, separation, and containment tanks, micro-aeration generators, software and computer automation technology to allow the water remediation to occur at full capacity with minimal human supervision.
The mobile H2Omaxx unit will satisfy both Wescorp's and the appropriate regulatory, environmental and safety standards. K-Line has agreed to fund the total cost of design and construction of the mobile unit. Repayment by Wescorp will be scheduled no earlier than 12 months after the full commissioning of the unit.
This H2Omaxx unit will be operated as a mobile demonstration unit at oil and gas production sites across Western Canada and in the United States and will showcase its technology at industry trade shows.
"Wescorp's mission is to demonstrate for industry how effective the H2Omaxx technology is. Customers will be able to test and verify within hours at their site how effective hydrocarbon removal from water can be", commented Robert Power, Executive Chairman of Wescorp. "Wescorp will offer an on-site test service at no cost to the customer. We are very confident in the price competitiveness of the H2Omaxx technology."
Wescorp's 2,000 barrel per day H2Omaxx commercial unit has returned to Canada and has been refurbished for field operations at one of Cancen's remediation facilities in Alberta, Canada. Cancen is currently awaiting final environmental approval from the Alberta regulatory boards prior to commissioning on site.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.
For more information contact:
Wescorp Energy Inc.
Investor Relations: Mark Komonoski, Toll-Free 1-877-255-8483, Office Line (403) 255-8483, Mobile (403) 470-8384, mkomonoski@wescorpenergy.com
www.wescorpenergy.com
Renmark Financial Communications Inc.: Jason Roy: jroy@renmarkfinancial.com
Barry Mire: bmire@renmarkfinancial.com, (514) 939-3989, (416) 644-2020
www.renmarkfinancial.com
Source: Wescorp Energy Inc.
Wescorp Energy Inc (OTC.BB: WSCE) is a featured Company on Investorideas.com, Water-stocks.com, Environmentstocks.com and Oilandgasstocknews.com
For more info on WSCE visit the Company Showcase.
Disclaimer and Disclosure: /About/Disclaimer.asp
Investorideas.com Membership - Research more Water Stocks and Green stocks
With markets and investor sentiment changing daily- it is more important than ever to stay on top of key trends! Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Renewable Energy and Water Stock Directories. Learn more: - /membership/
Disclosure: WSCE is a paid advertising client on Investorideas.com and our water, oil and gas portals.
Visit the WSCE showcase profile at Investorideas.com
Request News and Info on WSCE
Published at the Investor Ideas Newswire
Investors: Sign up for free newsletter, stock and sector news alerts at Investorideas.com - Or publish your own stock picks and share your investing and trading ideas with other investors. Publish your investor ideas today!
Investorideas.com goal for 2010: 'One Million Members Stronger', empowering one million investors to invest in innovation and technology for a better world. Join us today!
Disclaimer: The following news is paid for and /or published as information only for our readers. Investorideas.com is a third party publisher of news and research .Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
|
