reports
Wavefront Enters into a Global Two-Year, Renewable Equipment Rental Ag...
Edmonton, Alberta--(Newsfile Corp. - September 1, 2021) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) ("Wavefront" or the "Company"), a technology services provider offering the oil and gas industry proprietary, leading edge technology, is pleased to announce in connection with the Company's December 21, 2020 news release, effective September 1, 2021, that it has entered into a global equipment rental agreement with a multi-national oilfield services company ("Distributor") for the global distribution of Wavefront's Powerwave® branded well stimulation technology.Powerwave® s...
Texas Client Issues Additional Well Stimulation Package
Edmonton, Alberta--(Newsfile Corp. - August 30, 2021) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) (Wavefront or the Company), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology, and further to the Company's August 16, 2021 news release, wishes to announce that the Company received an additional well stimulation package from the same Texas-based client for twenty-three (23) individual well stimulations using a Powerwave-related cleaning tool with an approximate value of US $80,000.The client, who cannot be named d...
Wavefront New Texas Client Issues Well Stimulation Package
Edmonton, Alberta--(Newsfile Corp. - August 16, 2021) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) (Wavefront or the Company), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology wishes to announce that the Company received an initial well stimulation package from a new, Texas-based client for twenty-five (25) individual well stimulations using a Powerwave-related cleaning tool with an approximate aggregate value of US $85,000.The client, who cannot be named due to confidentiality provisions, is one of the largest ...
Wavefront Announces Third Quarter 2021 Financial Results
Edmonton, Alberta--(Newsfile Corp. - July 28, 2021) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) (Wavefront or the Company), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology announces its financial results for the third quarter ending May 31, 2021.An overview of the financial results for the reporting period includes:For the third quarter 2021 (i.e., three months ended May 31, 2021) recorded revenues amounted to $371,281 a decrease of $330,978 from the comparative quarter (i.e., three months ended May 31, 2020) ...
Wavefront Seeks TSX Venture Exchange Approval on Warrant Terms
Edmonton, Alberta--(Newsfile Corp. - June 17, 2021) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) ("Wavefront" or the "Company"), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology announces that it will be seeking the approval of the TSX Venture Exchange (the "Exchange") to the extension of the term of certain share purchase warrants ("Warrants") originally issued on July 17, 2018. Wavefront will be seeking an extension from the current expiry date of July 17, 2021 to July 17, 2022 (subject to early expiry).3,712...
Wavefront Announces Second Quarter 2021 Financial Results
Edmonton, Alberta--(Newsfile Corp. - April 29, 2021) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) (Wavefront or the Company), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology announces its financial results for the second quarter ending February 28, 2021.An overview of the financial results for the reporting period includes:For the second quarter 2021 (i.e., three months ended February 28, 2021) recorded revenues amounted to $373,118 a decrease of $332,922 from the comparative quarter (i.e., three months ended ...
Wavefront Incentive Stock Option Issuance
Edmonton, Alberta--(Newsfile Corp. - March 1, 2021) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) (Wavefront or the Company), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology wishes to announce that the Company will file, pursuant to Wavefront's Stock Option Plan and in accordance with TSX Venture Exchange policy, a Summary Form disclosing the granting of an aggregate of 1,000,000 incentive stock options to the Company's five independent directors. Executive Officers of the Company who also serve on the Company'...
Wavefront Announces First Quarter 2021 Financial Results
Edmonton, Alberta--(Newsfile Corp. - January 29, 2021) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) ("Wavefront" or the "Company"), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology announces its financial results for the first quarter ending November 30, 2020.An overview of the financial results for the reporting period includes:Total recorded revenues for the first quarter 2021 (i.e., three months ended November 30, 2020) 445,760 a decrease of $254,925 from the comparative quarter (i.e., three months ended Nove...
Wavefront Announces Equipment Rental Agreement with Multinational Oilf...
Edmonton, Alberta--(Newsfile Corp. - December 21, 2020) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) ("Wavefront" or the "Company"), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology is pleased to announce that it has entered into an equipment rental agreement with a multinational oilfield services company ("Client") for the distribution of Wavefront's Powerwave well stimulation technology in the Kingdom of Saudi Arabia. Founded in Weatherford, TX in 1941 the Client provides innovative solutions, technology, and...
Wavefront Announces Pre-Qualification of Powerwave Product Line in Mal...
Edmonton, Alberta--(Newsfile Corp. - December 14, 2020) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) ("Wavefront" or the "Company"), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology is pleased to announce that through a recent tendering process Wavefront's complete Powerwave product line associated with secondary oil recovery (waterflooding) and well stimulation has been pre-qualified for use and the Company's Malaysian representative appointed as a key contractor for the provision of new technology equipment a...
Wavefront Announces New Exclusive Distribution Agreement for the State...
Edmonton, Alberta--(Newsfile Corp. - September 10, 2020) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) ("Wavefront" or the "Company"), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology is pleased to announce that further to the Company's July 3, 2020 news release that it has renegotiated and entered into a new two-year, exclusive distribution agreement (the, "Agreement") in the State of Kuwait with Gulf Drilling and Maintenance Co. ("GDMC").Under the terms of the Agreement, GDMC will pay Wavefront a minimum yearly...
Wavefront Announces New Distributor in the Kingdom of Saudi Arabia
Edmonton, Alberta--(Newsfile Corp. - September 8, 2020) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) ("Wavefront" or the "Company"), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology is pleased to announce that effective September 1, 2020 it has entered into a non-exclusive distribution agreement in the Kingdom of Saudi Arabia with Synergy International Energy Company ("Synergy").Within Saudi Arabia coiled tubing companies providing well services to the National Oil Company ("NOC") are limited in their market ac...
Wavefront Announces Third Quarter 2020 Financial Results
Edmonton, Alberta--(Newsfile Corp. - July 29, 2020) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) (Wavefront or the Company), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology announces its financial results for the third quarter ending May 31, 2020.An overview of the financial results for the reporting period includes:Revenues for the third quarter ended May 31, 2020 totalled $702,259 a decrease of $129,062 from the comparative quarter (i.e., three months ended May 31, 2019) revenues of $831,321. Despite the imp...
Wavefront Seeks TSX Venture Exchange Approval on Warrant Terms
Edmonton, Alberta--(Newsfile Corp. - July 3, 2020) - Wavefront Technology Solutions Inc. (TSXV: WEE) (OTCQB: WFTSF) ("Wavefront" or the "Company"), a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil Recovery ("IOR/EOR") announces that it will be seeking the approval from the TSX Venture Exchange (the "Exchange") to the re-pricing and extension of the term of certain share purchase warrants ("Warrants") issued on July 17, 2018. The Company will be seeking to extend the term of the 4,341,333 Warrants one additional year t...
Wavefront Announces Second Quarter 2020 Financial Results
Edmonton, Alberta--(Newsfile Corp. - April 29, 2020) - Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQB: WFTSF), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology announces its financial results for the second quarter ending February 29, 2020.An overview of the financial results for the reporting period includes:Total revenues for the second quarter ended February 29, 2020 totalled $706,040 a decrease of $188,847 from the comparative quarter (i.e., three months ended February 28, 2019) revenues of $8...
Wavefront Announces First Quarter 2020 Financial Results
Wavefront Announces First Quarter 2020 Financial Results EDMONTON, Alberta, Jan. 29, 2020 (GLOBE NEWSWIRE) -- Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQB: WFTSF), an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology announces its financial results for the first quarter ending November 30, 2019. An overview of the financial results for the reporting period includes: Total recorded revenues for the first quarter 2020 (i.e., three months ended November 30, 2019) were $700,685 a decrease ...
Wavefront Enters Into New Two Year General Services Agreement With a H...
Wavefront Enters Into New Two Year General Services Agreement With a Houston-Based Oil and Gas Producer US $4 Million Base Compensation Guaranteed Over Two Year Term of the Agreement EDMONTON, Alta., Sept. 09, 2019 (GLOBE NEWSWIRE) -- Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQX: WFTSF) a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil Recovery (“IOR/EOR”) is pleased to announce that the Company’s USA subsidiary has entered into a two (2) year General Services Agreement (the “Ag...
Wavefront Renews Exclusive Powerwave Distribution Agreement in the Kin...
Wavefront Renews Exclusive Powerwave Distribution Agreement in the Kingdom of Saudi Arabia Minimum Exclusivity Payment Approximately $1 Million EDMONTON, Alberta, Sept. 04, 2019 (GLOBE NEWSWIRE) -- Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQX: WFTSF), a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil Recovery (“IOR/EOR”), is pleased to announce that the Company has renewed, for an additional one year term ending August 2020, its Powerwave Distribution Agreement (the “Agreement”)...
Wavefront Announces Third Quarter 2019 Financial Results
Wavefront Announces Third Quarter 2019 Financial Results EDMONTON, Alberta, July 30, 2019 (GLOBE NEWSWIRE) -- Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQX: WFTSF), the industry leader in the advancement of dynamic fluid flow technology for optimized oil and gas well stimulation and Improved/Enhanced Oil (“IOR/EOR”) recovery announces its financial results for the third quarter ending May 31, 2019. The financial highlights for the reporting period are as follows: Revenues for the nine months ended May 31, 2019, amounted to $2,669,961 an increase of $41...
Wavefront Seeks TSX Venture Exchange Approval on Warrant Terms
Wavefront Seeks TSX Venture Exchange Approval on Warrant Terms EDMONTON, Alberta, July 02, 2019 (GLOBE NEWSWIRE) -- Wavefront Technology Solutions Inc. (Wavefront or the Company, TSX-V: WEE; OTCQX: WFTSF), a global leader in the advancement of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil (“IOR/EOR”) Recovery announces that it will be seeking the approval of the TSX Venture Exchange (the “Exchange”) to the extension of the term of certain share purchase warrants (“Warrants”) issued on July 17, 2018. Wavefront will be seeking an extension from the c...
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