Founded in 2006, Well is a Canadian technology company specialized in the energy and life sciences sectors.

About Well

 

Company Overview

Well Resources Inc. (“Well”) is a Canadian technology company with local offices in Calgary and Edmonton. Its areas of focus are in the energy and life sciences sectors, where Well develops and licenses breakthrough technologies that promote effective resource utilization. 

 

Well’s philosophy is simple: a deep technical understanding of relevant issues is key to the development of meaningful solutions. With leading researchers and industry advisors, Well offers commercially viable technologies to address current pressing issues.

 

Well's world-class expertise and partner facilities uniquely position it to be at the forefront of groundbreaking technology development and licensing. Well has partnered with the China University of Petroleum (CUP) to establish the Well-CUP Unconventional Energy Centre (WCUEC) devoted to petroleum research and development. Through this partnership, Well developed its flagship technology: the commercially proven, patented Selective Extraction of Asphaltenes (SELEX-Asp) process. 

 

Additionally, Well has partnered with the Chinese Academy of Sciences’ Qingdao Institute of Bioenergy and Bioprocess Technology (QIBEBT) to form the Well-QIBEBT Technology Centre focused on sustainable development.

 

We believe it is possible to develop economic solutions to real world problems, while building a safe and sustainable future.

Our Projects:

 

Core Values

Our core values distinguish us and guide our actions to deliver results. Well's three pillars, Integrity, Innovation, and Impact, are what drives our passion to conduct business in a socially and environmentally responsible manner. We believe social and environmental sustainability are just as important as economic sustainability.

Integrity

We are proudly transparent when it comes to addressing pressing issues in the industry and community, as well as to our stakeholders. We prefer honest and concise communication that leads to direct outcomes. 

Innovation

Continuous innovation is ingrained in our culture. We focus our initiatives on energy resource management and the advancement of life sciences while striving to be a thought leader in both domains.

Impact

We believe it is possible to develop economic solutions to real-world problems while building a sustainable future. By completely rethinking the way we approach today's challenges, we can develop innovative solutions that are beneficial for people and our planet, while profiting, all at the same time.

 
 

Management

Warren Chung, P.Eng.

President

Mr. Chung is responsible for providing the leadership and management required to execute Well's strategic initiatives and growth plan. He serves as a liaison between Well and its strategic partners, and is heavily involved in the international promotion and licensing of Well's innovative technologies.

Mr. Chung holds a Bachelor of Science with distinction in chemical biomedical engineering from the University of Alberta. He has extensive experience in performing economic evaluations of oil and gas assets across the Western Canadian Sedimentary Basin, as well as in the United States and New Zealand. His work has supported both public and private companies through audits, acquisitions, divestitures, and IPOs. Mr. Chung also has experience in engineering design and construction management, having previously been involved in projects ranging from upgrader expansions to industrial and residential utility servicing.

Keng H. Chung, Ph.D., P.Eng., FEC, FGC (Hon.)

Vice President

Dr. Chung has a broad perspective and background on petroleum operations. He is a Senior Refinery Advisor (State Specially Recruited Expert) for the government of China and is actively involved in the development of sustainable technologies. He is a co-inventor of the SELEX-Asp process.

 

Dr. Chung was born in Malaysia and is fluent in English, Mandarin, four Chinese dialects, and Malay. He is a chemical engineering graduate from Queen’s University with both Bachelor and Master of Science degrees. He received his Ph.D. from the University of Calgary, as late Dr. Roger Butler’s first doctoral student, specializing in the Steam Assisted Gravity Drainage (SAGD) process using horizontal wells, and he is a registered professional engineer in Alberta.

 

Dr. Chung has received several achievement awards, including the Alberta Science and Technology (ASTech) Leadership Award for his contributions to the heavy oil industry. In 2018, Dr. Chung was honored as a Fellow by Engineers Canada and an Honorary Fellow by Geoscientists Canada.

 

Dr. Chung has more than 35 years of working relationships with several Chinese research institutes and is currently a Senior Research Scientist at the Chinese Academy of Sciences, Chair Professor at the Guangdong Food and Drug Vocational College, and Visiting Professor at the China University of Petroleum and Guangdong University of Petrochemical Technology.

 

He has also served as a member of the Technical Advisory Council of the China State Key Laboratory of Heavy Oil Processing. Dr. Chung has published more than 300 papers in refereed journals, 120 company reports, and he holds 21 patents. He has supervised more than 50 post-doctorate fellows who now hold senior positions at universities and oil companies around the world.

Keng H. Chung, Ph.D., P.Eng., FEC, FGC (Hon.)

 
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