Wavefront Technology Solutions Inc. says that Powerwave will be deployed in Argentina with Pluspetrol S.A. to increase production at its El Corcobo Norte oil field. Pluspetrol S.A. is the fourth largest oil producer in Argentina and has additional operations in Peru, Bolivia, Venezuela, Colombia, and Angola. Under the terms of the agreement the financial consideration paid, tool count, etc. will not be released.

'We are very pleased to add Pluspetrol S.A., Operator of UTE CNQ-7A, to our growing list of clients and we are confident that Powerwave will bring positive production benefits to the El Corcobo Norte operations,' said Wavefront President and CEO Brett Davidson. 'Consistently strong Powerwave results continue to drive new sales and Wavefront is negotiating agreements with additional potential clients as well as working to expand current Powerwave programs.'

Tags: Wavefront Technology Solutions