CALGARY, ALBERTA - December 9, 2010 (Investorideas.com Water Stocks Newswire) - Wescorp Energy Inc. (OTC.BB:WSCE), a clean water technology company focused on implementing its cost-effective solutions into several markets, including the oil & gas and marine industries, announced today that the 10,000 barrel per day (bpd) H2Omaxx fluid treatment unit will be rotated through several potential customer sites in the Western Canadian oil fields, beginning in January, 2011.
"The customer interest in the H2Omaxx unit has taken off. Since the summer/fall 2,000 bpd testing and demonstrations, Wescorp has been invited to a range of customers' internal technical discussions, customer site evaluations, and to submit proposals for selling or leasing the H2Omaxx technology," stated Robert G. Power, Executive Chair of Wescorp. "The final step is evaluating the economics of the technology on each site, with the specific fluids that the customer is managing."
Wescorp has entered into an agreement to initially deploy the 10,000 bpd H2Omaxx unit at a South-East Saskatchewan oil and gas waste treatment and disposal facility, and to test at field sites recovering frac flow-back water. Wescorp is concurrently in discussions with several customers to schedule the use of the 10,000 bpd H2Omaxx unit at the customers' sites over the winter and summer of 2011. The data obtained at the customers' sites will be the basis for discussions regarding optimal customer use of the H2Omaxx technology, and commercial sale or lease agreements.
The customer will arrange for the environmental approvals, transportation to site, connection and operation of the unit. Wescorp will provide three days of staff training and technical support thereafter as required. All data from the unit operations will be shared between the customer and Wescorp.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water solutions company focused on implementing its superior yet low cost solutions into the oil and gas production industry.
Safe Harbor Statement
Any statements contained herein that are not historical facts may be 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.
Investor Relations Contact:
Bibicoff + MacInnis, Inc.
Terri MacInnis, Dir. of Investor Relations
818-379-8500
terri@bibimac.com
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