Wescorp Energy Announces Gas Management Solution to Enhance Field Operations
Posted on: Monday, 1 October 2007, 12:00 CDT
Wescorp Energy Inc. (OTCBB: WSCE), an oil and gas solutions company, today unveiled its comprehensive operations & maintenance (O&M) Gas Management Solution, a field engineering and process management program made possible by the company's recent acquisition of the Wescorp NAVIGATOR process management services capability. The new Gas Management Solution bridges the energy world's manpower shortage and the need for enhanced processes and accurate information for field operations.
"Gas companies have been relying on contractors to fill their field knowledge gaps," Wescorp CEO and President Doug Biles said in announcing his company's new offering. "Wescorp bridges that gap with our Gas Management Solution, allowing operators to concentrate on drilling for, producing and transporting vital gas supplies."
Wescorp's first Gas Management Solution initiatives are being installed on select wells in Texas and Alberta.
"This is truly a full service O&M solution," said Wescorp COO Scott Shemwell. "It begins with our engineering team meeting with clients to identify tough field challenges and to determine what field processes and associated information need to be managed. Then we assess the actual on-the-ground-situation and make recommendations based on our years of field operations expertise.
"Following the field assessment, our engineers can implement field process changes including the installation of equipment needed to facilitate those processes," Shemwell continued. "The use of our proprietary Wescorp NAVIGATOR services drives the entire scope of operations, including the acquisition and processing of key performance indicators (KPIs) based on information vital to a company's field operations success."
"The Gas Management Solution is tailored to the specific needs of the companies that use it," Biles said. "We enhance gas operators' processes to optimize field performance as well as implement the information management required to give them better field solutions."
"A key feature of the system is that we can acquire, track and process vital information - flow rates, leak detections, compliance records, gas composition, and more - throughout every stage of the gas flow process," Shemwell added. "This means the Gas Management Solution can provide value from the time a gas molecule begins its journey from well perforation through the flow computer, down the pipeline to the gas plant and to the custody transfer point."
Wescorp NAVIGATOR is a suite of process management services that enables Wescorp to reduce costs, save time and optimize field operations for its worldwide oil and gas clients. The NAVIGATOR process management services became part of Wescorp through the recent merger of Strategic Decision Sciences into Wescorp.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is an oil and gas operations solutions company focused on commercializing technologies that overcome tough operations challenges facing oil and gas operators today. Wescorp combines its intellectual capital, oil and gas industry experience, best practices methodologies and its market offerings to deliver these solutions in a timely, economic and environmentally friendly manner.
Wescorp shares currently trade on the NASD.OTC Bulletin Board under the symbol "WSCE".
Safe Harbor Statement
Any statements contained herein that are not historical facts are 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.
Contacts: Investor Relations contact: David Jones Wescorp Energy, Inc. (705) 845-0933 or Toll Free: 1-877-247-1975 Email: djones@wescorpenergy.com Website: www.wescorpenergy.com Media contact: Virginia Brooks for Wescorp Energy, Inc. (903) 532-9714 Email: virginia@brooksandassociatespr.com
SOURCE: Wescorp Energy Inc.
Source: MARKET WIRE
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