Investorideas.com newswire, commentary for water sector

Tuesday, November 30, 2010

Water Stocks News; Wescorp (OTCBB:WSCE) Announces 10,000 bpd H2Omaxx Unit Completion

CALGARY, ALBERTA - November 30, 2010 (Investorideas.com Water Stocks Newswire) - Wescorp Energy Inc. (OTC.BB:WSCE), a clean water technology company focused on implementing its low-cost solutions into several markets, with its initial focus on the oil & gas and marine industries, announced today that K-Line has completed substantial construction of Wescorp's 10,000 barrel-per-day H2Omaxx mobile hydrocarbon water remediation unit. K-Line has begun its internal testing of the H2Omaxx unit's components and systems. Once this component testing is complete, K-Line and Wescorp will jointly commission the unit in preparation for deployment in early January 2011.
Wescorp has contacted a number of potential clients and expects to announce by December 15th the initial demonstration placement site for the 10,000 bpd unit in order to demonstrate its commercial capability.
"This is an important milestone for Wescorp and the commercialization of our clean water technology," stated Robert G. Power, Executive Chair of Wescorp. "We believe the 10,000 bpd unit will prove scalability of our technology -- one of the most important steps for new technology to demonstrate."
This self-contained, mobile H2Omaxx unit is designed to be easily transported to remote locations and rapidly become operational on site, both for the purpose of demonstrating the technology and for actual use for commercial operations. The unit will have its own storage, separation and containment tanks, micro-aeration generators, firmware and computer automation technology to allow water remediation with minimal human supervision.
"As the manufacturer of the 10,000 bpd H2Omaxx unit, we are proud to play a role in Wescorp's success," stated Les Knight, President of K-Line Trailers Ltd. (www.klinetrailers.com). "K-Line will provide to Wescorp a customized trailer unit which will be fully self-contained, fully automated and capable of easy integration into a customer's operations. We have improved the physical operation of the unit and developed customized advance operating and communication software which is unique to the H2Omaxx technology," Knight further stated.
Benefits of H2Omaxx Technology
Based on its research and testing, Wescorp has determined that use of H2Omaxx will provide important cost benefits to the operator, as compared with the traditional multi-technology approach to remediate water, by significantly lowering both the operator's capital costs and its operating costs. Further, H2Omaxx is designed to introduce new revenue through the capture of barrels of oil for sale that would otherwise be subject to disposal.
In earlier tests and demonstrations, H2Omaxx has been proven to be a safe, effective, economical and environmentally friendly process for cleaning and separating oil and solids from water. Using Wescorp's nano-aeration technology, independent test results have shown it can reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water solutions company focused on implementing its superior yet low cost solutions into the oil and gas production industry.
Safe Harbor Statement
Any statements contained herein that are not historical facts may be 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.
Investor Relations Contact:
Bibicoff + MacInnis, Inc.
Terri MacInnis, Dir. of Investor Relations
818-379-8500
terri@bibimac.com
Visit the WSCE showcase profile at Investorideas.com
Request News and Info on WSCE
Disclosure, Disclaimer/ WSCE is a paid advertising client on Investorideas.com and our water and renewable-energy portals (twenty five hundred from 3rd party plus stock options at .25)

Wednesday, November 24, 2010

Water Stocks News; Wescorp (OTCBB:WSCE) Converts $2.3 Million Of Debt To Equity

CALGARY, ALBERTA - November 24, 2010 (Investorideas.com Water Stocks Newswire) - Wescorp Energy Inc. (OTC.BB:WSCE), a clean water technology company focused on implementing its low-cost solutions into several markets, including the oil & gas and marine industries, announced today that it has completed the conversion of approximately $2.3 million of debt into common stock and warrants, with one share of common stock and one warrant to be issued for conversion of each $0.20 of debt, for a total of approximately 11.6 million shares and 11.6 million warrants. Each warrant is exercisable at $0.50 per share during years one and two, at $0.75 per share during year three, at $1.00 per share during year four, and at $1.25 per share during year five. The warrants expire after year five. The shares issued and the shares underlying the warrants are restricted shares that cannot be sold or otherwise transferred in the absence of a registration statement or other exemption under the U.S. Securities Act of 1933.
"In our letter to shareholders of October 19, 2010 we stated an objective to convert debt to equity, based upon Wescorp's plan to commercialize our H2Omaxx technology," stated Robert G. Power, Executive Chairman of the Board. "Removing this $2.3 million of debt from the balance sheet significantly strengthens the Company, and is a key step in our transition toward increased credibility with financial institutions and with the investing market place in general. On behalf of the Wescorp Board, I thank those debt holders who have so strongly demonstrated their support for our technology and our Company."
Wescorp also is converting additional portions of its existing debt to equity.
About Wescorp
Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water solutions company focused on implementing its superior yet low cost solutions into the oil and gas production industry.
Safe Harbor Statement
Any statements contained herein that are not historical facts may be 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.
Investor Relations Contact:
Bibicoff + MacInnis, Inc.
Terri MacInnis, Dir. of Investor Relations
818-379-8500
terri@bibimac.com
Visit the WSCE showcase profile at Investorideas.com
Request News and Info on WSCE
Disclosure, Disclaimer/ WSCE is a paid advertising client on Investorideas.com and our water and renewable-energy portals (twenty five hundred from 3rd party plus stock options at .25)

Monday, November 8, 2010

Trading Update on Water Stocks; (OTCBB: WSCE) (NYSE:HEK), (NasdaqGM: PRMW)

November 8, 2010 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, presents a sector close-up on water stocks , featuring news and profiles on Wescorp Energy Inc. (OTCBB: WSCE), Heckmann Corporation (NYSE: HEK) and Primo Water Corporation (NasdaqGM: PRMW).

Water Stocks Sector close-up trading November 8th, 2010
  • American Water Works Company, Inc. (NYSE: AWK) trading at $24.61, down 0.20 (0.81%)
  • Heckmann Corporation (NYSE: HEK) trading up at $4.46, up 0.13 (3.00%)
  • ITT Corporation (NYSE:ITT) trading at $48.43, down 0.25 (0.51%)
  • Nalco (NYSE:NLC) trading at $29.86, down 0.21 (0.70%)
  • Pentair, Inc. (NYSE: PNR) trading, up 0.10 (0.77%) trading at 33.58 0.29 (0.86%)
  • Primo Water Corporation (NASDAQ:PRMW) trading at 13.06 0.11 (0.85%)
  • Watts Water Technologies, Inc. (NYSE: WTS ) trading 34.44, down 0.41 (1.18%)
  • Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.15
Recent water stocks news:
Heckmann Corporation�s Planned Acquisition of Texas Water and Wastewater Service Company to Significantly Expand Produced Water Business Capabilities
Leading produced water transportation and disposal company to add substantial disposal and transport capacity to Heckmann Water Resources� (�HWR�) operations in the Haynesville Shale Transaction expected to close in November 2010 and be immediately accretive to earnings Heckmann revenues expected to triple post transaction
Combined synergies of HWR and CVR enable expansion into other natural gas shale areas
Full news: http://finance.yahoo.com/news/Heckmann-Corporations-Planned-bw-812109250.html?x=0&.v=1
About Heckmann Corporation (NYSE: HEK) was created to buy and build companies in the water sector. Interested stockholders and investors can access additional information about Heckmann on the Company's web site at www.heckmanncorp.com, and in documents filed with the U.S. Securities and Exchange Commission, on the SEC's web site at www.sec.gov.
Featured Water Stock Showcase Company: Wescorp Energy Inc. (OTCBB: WSCE)
Wescorp Energy Inc. (www.wescorpenergy.com) is a clean water Solutions Company focused on implementing its superior yet low cost solutions into the oil and gas production industry.
Investors can view the full company profile at http://www.investorideas.com/CO/WSCE/
Or visit the company website at http://www.wescorpenergy.com/
Recent Wescorp Energy Inc. (OTCBB: WSCE) news:
Water Stocks News; Wescorp (OTCBB: WSCE) Appoints Ken James, P.Eng. to its Board of Directors
Full News: http://www.investorideas.com/CO/WSCE/news/10051.asp
Primo Water Corporation (Nasdaq:PRMW) Announces Pricing of Its Initial Public Offering
WINSTON-SALEM , N.C., Nov. 5, 2010 - Primo Water Corporation (Nasdaq:PRMW) today announced the pricing of its initial public offering of 8,333,333 shares of its common stock at a price of $12.00 per share. The shares will begin trading today, Friday, November 5, 2010, on the NASDAQ Global Market under the ticker symbol "PRMW." Primo Water has granted the underwriters a 30 day option to purchase up to an additional 1,250,000 shares at the initial public offering price, less the underwriting discount, to cover over-allotments, if any.
Primo Water intends to use a portion of the net proceeds of the offering to purchase assets from Culligan Store Solutions, LLC and Culligan of Canada, Ltd. related to their business of providing reverse osmosis water filtration systems that generate filtered water for refill vending machines and store-use water services in the United States and Canada. The balance of the net proceeds will be used to repay indebtedness and redeem outstanding preferred stock.
Stifel Nicolaus Weisel is acting as sole book-running manager for the offering, and BB&T Capital Markets, Janney Montgomery Scott and Signal Hill are acting as co-managers.
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Investors following the sector can find research tools, news and global water stock directory to find opportunities within the growing sector. The stock directory features water stocks ranging from desalination companies to bottled water stocks, to infrastructure, water treatment and technology as well as other sub sectors.
Investorideas.com initiated a soft launch its new water newswire - www.waternewswire.com for World Water Week to increase its coverage in the sector.
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Disclosure/disclaimer -Wescorp (OTCBB: WSCE is a paid advertising showcase stock by a third party; 2500 per month plus 100, 00 stock options at .25). Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies MSEX, news submissions and online advertising. Compensation Disclosure and disclaimers:
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Source: Water-Stocks.com, Investorideas.com

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