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Former governor takes post with Canadian firm

Steve Cowper will serve as chairman at Wescorp Energy

Posted: Tuesday, December 19, 2006

ANCHORAGE - Former Alaska Gov. Steve Cowper has a new job with a Canadian energy services and engineering firm.

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Cowper is the new chairman of the board of Wescorp Energy Inc. based in Calgary, Alberta.

Chief Executive Officer Doug Biles said Cowper has more than 40 years of professional experience working in 55 countries.

"His international expertise, presence and long-standing relationships will expedite Wescorp's global growth," Biles said.

Cowper was governor of Alaska for one term from 1986 to 1990. Cowper most recently was an energy consultant based in Austin, Texas.

The technologies Wescorp is developing and marketing will have a major positive effect on the environment and reduce operational costs, he said.

Cowper noted a Wescorp subsidiary, Flowstar Technologies, whose systems, he said, can outperform existing oil field gas flow meters to move real time information into a company's database.

"We have only had this product a little better than a year, but we just ramped up our management team and now have people able to put the Wescorp systems into the market," he said. While aiming first for U.S. markets, Wescorp also is talking to parties in Norway, the Middle East and Venezuela, he said.

"Information gathered from oil wells in this part of the world, and some other areas, is gathered by equipment that is old, not accurate and easily caused to malfunction," he said. "Most times the information is printed in a paper chart in housing by the well."

Wescorp is also in negotiations on technology that could affect oil production in Alaska, Cowper said.

"These are technologies that will allow for a much lower cost of production of heavy oil," he said. "We have a product we are working on that we have reason to believe will crack heavy oil at the wellhead. We are not there yet. It is probably at least 18 months off. We don't know if it will work or not, but if it does, it will make a big difference."

Cowper said Wescorp also is working on technology related to cleaning up soil and water on production sites, a technology primarily aimed at the tar sands of northern Canada.

"It would also have pretty major application in Prudhoe Bay, but we have some tests to do and pilot projects," he said.



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