Thursday, July 29, 2010

Investorideas.com - Water Stocks News; Wescorp (OTCBB:WSCE) Updates H2Omaxx Unit Operations at Cancen

Investorideas.com - Water Stocks News; Wescorp (OTCBB:WSCE) Updates H2Omaxx Unit Operations at Cancen



CALGARY, ALBERTA - July 29, 2010 (Investorideas.com Water Stocks Newswire) - Wescorp Energy Inc. (OTC.BB:WSCE), a clean water technology company focused on implementing its low-cost solutions into several markets, including the oil & gas and marine industries, today provided an update on the operations of its H2Omaxx unit operating in its first commercial environment.


Turn to a leader for investing in waterInvestorideas.com and www.water-stocks.comResearch Global Water StocksVisit our Water Stocks Directory
As previously announced, the 2,000 barrel-per-day H2Omaxx unit was connected in May to treat contaminated water and hydrocarbon waste material collected at the operating facilities at Cancen Oil Canada Corporation’s oil recovery and disposal New Sarepta treatment site, outside of Edmonton, Alberta. The site was selected because it receives a wide range of oil-contaminated fluids, thereby enabling H2Omaxx to be utilized under a broad range of input products.
Throughout June and July, Cancen experienced challenges in maintaining continuous operation of its New Sarepta fluid disposal well. With the disposal well not operating to receive the treated fluids, and without alternate storage, the H2Omaxx unit was prevented from continuous processing. "While during this period, the H2Omaxx unit did not have an opportunity to operate 24/7, it did receive and treat a wide range of oil-contaminated fluids," stated Robert G. Power, Executive Chairman of Wescorp. "We maximized the use of the site during this time by treating available fluids. This included fluids that have much higher oil content than any the H2Omaxx unit had previously treated.


"While H2Omaxx previously had treated produced water, which included approximately 2%-3% oil content, we were able at the Cancen site to successfully treat fluids with oil content up to 15%. This is an important development, as it provides further strong operating evidence that the H2Omaxx system offers a very wide range of water remediation capabilities that will enable customers to experience significant cost savings over traditional multi-technology remediation systems."
Cancen has now advised Wescorp that the disposal well is operating on a continuous, partial capacity basis, enabling the unit to operate 24/7. Wescorp also now has access to three large fluid storage tanks on-site, which will enable the treatment of additional contaminated fluids if the disposal well operation is interrupted for a period of time.
"Our goal is to demonstrate the superiority of the Wescorp H2Omaxx technology in a commercial environment," continued Power. "On July 21st, we began a 30-day, 24-hour operating cycle, operating the unit without continuous on-site supervision. Importantly, the oil contamination levels of the in-going fluid to be treated, and the treated fluid, will both be tested regularly. The test results of those fluids will be submitted to independent laboratories for analysis and reporting. We believe that these tests will document the operational effectiveness and specific cost savings of H2Omaxx in comparison with competing technologies. If we receive the lab results a few weeks after the conclusion of the 30-day run, we can expect to publish summary test result data by mid-September."


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
818-379-8500terri@bibimac.com


Visit the WSCE showcase profile at Investorideas.com Request News and Info on WSCE


Disclosure, Disclaimer/ WSCE is a paid advertising client on Investorideas.com and our water and renewable-energy portals ( twentyfive hundred from third pary per month plus stock options at .25)

More Info:

If you have any questions regarding information in this press release please contact the company listed in the press release.

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.
Investorideas.com Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Investorideas.com Disclosure: http://www.investorideas.com/About/News/Clientspecifics.asp

More water stocks info and water stocks research resources for investors:Visit the water stocks directory, one of the most comprehensive water stocks directory online- Publicly traded water companies on global stock exchanges: http://www.investorideas.com/Water-Stocks/Stock_List.asp
Investorideas.com and www.Water-Stocks.com are positioning to be a leading destination for cleantech investors researching the water space.

No comments: