Mark Norris, Chairman of Wescorp Energy and former Minister of Economic Development in the Alberta Provincial Government, is the Featured Guest in an Audio Interview at SmallCapVoice.com

Oil & Gas is one of the fastest growing sectors worldwide. As the developing economies such as China and India experience rapid growth, the demand for oil and gas skyrockets in tandem. Heavy demand for oil and gas in recent years has coincided with dwindling supply sources. Years of miserly investments into the oil and gas sector during the eighties and early nineties, when oil and gas prices were very low, has today come back to haunt the sector in poor infrastructure, a paucity of new technologies and few if any incentives for professionals. Now with demand soaring for oil and gas and easier sources of supplies drying up, production has become increasingly complex. Oil and gas companies today are operating under a very different set of conditions. A rush of new investment has resulted in the mushrooming of new projects that are putting tremendous pressure on resources. Increasingly, companies are also facing regulatory and environmental issues, as rapid growth in the oil and gas industry attracts environmental concerns. All these factors combined are causing major operational challenges for oil and gas companies.

Operating in this context, Wescorp Energy is an oil and gas operations solutions company focused on finding innovative technologies and solutions that can solve practical operational problems faced by oil and gas companies. The company achieves this by putting together innovative and effective solutions for solving tough field challenges and by cutting operations costs for oil and gas companies globally.

The company finds and acquires new patented and proprietary technologies and focuses on commercializing those technologies that cater to solving operational challenges facing oil and gas operators worldwide. The company’s total fluid solutions focused on water and soil remediation remains their main focus, however other technologies in Wescorp’s portfolio are gas metering, measurement and management solutions as well as heavy oil upgrading technology solutions.

Enhanced recovery methods, which include water flood in conventional oil reservoirs, steam assisted gravity drainage, and cyclic steam stimulation in oil sands, all require that massive amounts of fresh water be injected into reservoirs. The result is that injected water produced with the oil is contaminated and must undergo remediation.

The goal of most producers is to remove waste water from the site and process it to make it potable and usable for agriculture irrigation. Existing water remediation and cleansing technologies include initial treaters - holding tanks that let gravity do the work of separating out contaminants, followed by electrostatic systems and the use of chemicals or heat - all of which use a lot of energy. These methods also leave approximately 0.5% to 3% of residual oil in the separated water. That water must be disposed of, an objective that is frequently accomplished by injecting the water back into the reservoir or leaving it on the surface in toxic tailing ponds.

Wescorp Energy provides a solution that will reduce the amount of oil in the residual water waste to 0.005%. This safe and effective process for remediating oil and gas field contaminants at the well site is suitable for conventional oil production, enhanced oil recovery, steam-assisted gravity drainage, and cyclic steam stimulation.

Why Invest in Wescorp Energy Inc?