Wescorp signs water remediation unit agreement

Wescorp Energy’s wholly-owned subsidiary, Total Fluid Solutions, Inc. (TFS), has completed a master lease agreement with an oil and gas company with operations in Texas, Kansas and Wyoming to use its water remediation unit technology for cleaning and separating oil from produced water.

Wescorp Energy will develop, deploy and operate as many as 256 water remediation units, as well as provide trained technicians to operate and service the equipment.

The assembly and deployment of these units is scheduled to be completed through various phases over the next 60 months. Presently, the company’s technicians are evaluating the geographic field locations, the hydrocarbon contamination level of the produced water, and the volume of fluid being produced on a daily basis in each region. Once the assessment is complete, the assembly of the first unit will begin. Wescorp anticipates having the first commercial unit in full field operation before the end of 2008.

Mark Norris, Chairman of Wescorp Energy, stated, “This order for up to 256 of our patented water remediation units is monumental for Wescorp. The anticipated reoccurring revenue from these units is expected to allow the company to grow by quantum leaps. This technology has been designed and constructed to operate in oil and gas fields for the life of the producing wells - often as long as 15 or 20 years. We believe that this large initial order, primarily based on results from our 2,000 barrel-per-day commercial test unit.”

Norris added the lease will also lead to strong product acceptance by the industry. “By reducing the amount of hydrocarbon in the produced water, this technology reduces environmental liabilities, the frequency of service and repairs on disposal and injection wells, and recovers additional hydrocarbons. Environmentally conscious companies are winning by reducing operation costs and increasing operating margins.”

“Most operators in the oil and gas industry are increasing their investments in new technologies to help with the water crisis they are currently facing. Wescorp has the technology to provide solutions that provide positive environmental impact as well as strong economic advantages.”

For more information visit: www.wescorpenergy.com