Topic: wsce wescorp energy [tech for energy field]
Wescorp Receives Formal Certification Approval from the Kansas State Oil Commission for Flowstar Technology
2005-09-27 09:20 ET - News Release
EDMONTON, Alberta -- (Business Wire) -- Sept. 27, 2005
Wescorp Energy Inc. (OTCBB:WSCE) today announced it has received formal notification that the Kansas State Oil and Gas Conservation Commission has certified Flowstar DCR-Series technology for use in gas well testing and gas measurement applications within its jurisdiction. An "Order Granting Application" was certified by the Commission granting Wescorp, via representative agents, regulatory exemptions from requirements that previously prohibited the use of turbine-based gas metering devices within the State. The "Order" passed through the appellate period without being contested and has now been formally served upon Wescorp. As a result Wescorp will soon file similar applications with the Colorado and Wyoming State Commissions for similar consideration. "We are very pleased Kansas has granted our application providing us initial entry into the US market," commented Wescorp CEO, Doug Biles. "We can now actively market Flowstar DCR technology within State and, with the help of our newest director Stephen Cowper, start filing applications with the remaining energy producing states to extend our reach into this important flow-meter market." Mr. Cowper added, "Certification of Flowstar by the Kansas Commission is an important step forward for Wescorp. It provides recognition by a major US gas-producing state of the effectiveness and accuracy of Flowstar as a measurement device. This kind of recognition will be a key to Wescorp's marketing strategy for DCR-based products and we expect certification in other producing states to soon follow."
Wescorp Energy Inc. is an active-management venture capital firm specializing in the acquisition of strategic pre-commercial energy infrastructure technologies, and then taking them through the development and marketing stages of commercialization. Headquartered in Calgary with distribution facilities in Edmonton, Alberta, Canada, Wescorp has the industry relationships, management expertise and financial resources needed to introduce innovative profitable solutions to the global energy production and services markets.
Wescorp shares trade on the OTCBB under the symbol "WSCE."
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