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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Oh Man! - Powerwave Units Installed in Oman

North America is quickly moving towards energy self-sufficiency. One less thing for the world to fight about. Just think if the Middle East pursued enhanced oil recovery and unconventional resources... even more oil.

PDO (Petroleum Development Oman) is the leading exploration and production company in the Sultanate of Oman. Canada's Wavefront Technology Solutions (WEE.V) just announced the installation of 6 Powerwave tools there. Powerwave has been getting great results across North America and now the technology is spreading across the globe. Interesting times for Peak Oil watchers (I'm not one of them).

Click here to read the news.

 

Disclosure

I own shares in WEE.V and am a consultant to the company