Business
NWest Energy Corp. Announces Strategic Direction in Enhanced Oil Recovery Sector
(via Thenewswire.ca) Halifax, Canada / TNW-ACCESSWIRE / September 29, 2014 / NWest Ene...
About this update from Ceylon Graphite Corp.
[{"type":"text","content":"NWest Energy Corp. Announces Strategic Direction in Enhanced Oil Recovery Sector(via Thenewswire.ca)\n\n \nHalifax, Canada / TNW-ACCESSWIRE / September 29, 2014 / NWest Energy Corp. (TSXV: NWN) (the \"Company\" or \"NWest\") announces today that it has retained the professional services of Fluidworks Chemicals Inc. (\"Fluidworks\"), an arm's length private Alberta enhanced oil recovery company, to carry out a review of the Spearfish Manitoba light oil region . \n\n \n \nFluidworks Chemical Inc. is a Calgary, Canada based company that develops and markets specialized oil field stimulation chemistries. In addition to product development, the company specializes in the review and diagnosis of downhole formation damage mechanisms and design of work - over programs \n\n\n \nnecessary to remediate wells to restore commercial hydrocarbon production. Fluidworks has access to various types of down - hole well stimulation tools. These stimulation tools can make the application of oil field chemistries more effective especially in the stimulation of long multi fracked horizontal wells like the Spearfish region. Fluidworks has established a successful track record in the oil industry for the remediation of troubled wells and have had numerous Energy and Production clients throughout North America. Fluidworks enhanced oil recovery technology works for both batch and continuous remediation of oil, gas and injection wells. \n\n \n \nNWest Energy Corp. is positioning to be a leader in enhanced oil recovery and will be working with the energy industry to create further production from past drilling investments. The Government of Alberta has recently amended the oil royalty system to create further incentives to support enhanced oil recovery well stimulation and production. NWest is reviewing further oil producing regions in Alberta and Saskatchewan for potential Enhanced Oil Recovery applications. \n\n \n \nAbout NWest Energy Corp.\n\n \n \nNWest Energy Corp. is a TSX Venture Exchange listed, Canadian-based resource company focused on exploration, acquisition and advancement of oil and gas properties. \n\n \n \nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\n \n \nCautionary Note Regardin...