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Calgary, AB – June 13, 2024

Scovan is thrilled to announce signing of a Letter of Intent with Acceleware for the co-marketing and distribution of Acceleware’s RF XL. This collaboration brings together Scovan’s over six years of experience in designing and constructing RF XL surface facilities with their innovative approach to EPC and Acceleware’s patented technology.

With extensive capabilities in engineering, manufacturing, deployment, and operational support, Scovan is poised to drive the completion of the next stage of the Marwayne RF XL Pilot Project and support the future adoption of Acceleware’s groundbreaking technology. Scovan is committed to supporting clients as they deploy this step-change technology for enhanced oil recovery.

Acceleware is excited to take this significant step forward in the commercialization of RF XL with an innovative leader like Scovan. This partnership will help bring this technology into the market effectively and efficiently.

Donovan Nielsen, President of Scovan, says, “We at Scovan believe this technology can be a game-changer within our industry, and we are excited to get to work on supporting the Acceleware team to advance this technology.”

To demonstrate their collaboration, Scovan and Acceleware co-presented at the 2024 Global Energy Show on June 12 from 1:00-1:45 PM, sharing information about this collaboration and Acceleware’s cutting-edge technology.

About Acceleware: 

Acceleware is an advanced electromagnetic (EM) heating company with highly scalable EM solutions for large industrial applications. The Company’s solutions provide an opportunity to economically electrify and decarbonize industrial heating processes previously considered difficult to abate, which could have a significant impact on global GHG emissions.

Acceleware is piloting RF XL, its patented low-cost, low-carbon EM thermal production technology for heavy oil and oil sands that is materially different from any heavy oil recovery technique used today. The Company is also working with a consortium of world-class potash partners on a pilot project using its patented and field proven Clean Tech Inverter (CTI) to decarbonize drying of potash ore and other minerals. Acceleware is actively developing partnerships for EM heating of other industrial applications in mining, steel, agriculture, cement, hydrogen and other clean fuels.

About Scovan:

Scovan is a cutting-edge EPFC firm that provides innovative, sustainable services for energy sector projects. Our proven track record, unique approach and turnkey offerings allow us to provide end-to-end solutions, from piloting to full-scale commercial development. Combining past experience, present opportunities, and future vision, we create long-term value for clients. Scovan is your trusted partner, providing you with the confidence and certainty needed for successful developments — A New Energy.

Questions or Inquiries:

Trevor Phenix, VP Development, Scovan
(403) 705-6830
[email protected]