GreenHunter Environmental Solutions, LLC
GRAPEVINE, Texas--(BUSINESS WIRE)--
GreenHunter Resources, Inc. (NYSE MKT:GRH) (NYSE MKT: GRH.PRC),
a diversified water resource, waste management and environmental
services company specializing in the unconventional oil and natural gas
shale resource plays, announced today that it has established a new
environmental solutions division in conjunction with its Total Water
Management Solutions™. Mr. Paul Falgoust has been promoted to Vice
President of this business segment and will work closely with existing
management of the Appalachian Division to build out this new business.
GreenHunter Environmental Solutions' (GHES) initial business lines will
handle our existing customer needs in the following areas and will
expand based on customer demand:
Roll off services, offering versatility in storing and transporting
dry or wet materials, cleanup material, construction debris and
equipment. Sludge boxes, Vacuum boxes, dewatering boxes and general
debris boxes are some of the storage options we provide
Vacuum Service of cement, sludge, lime, sands, and gravel. GHES is
capable of vacuuming material from up to 1,000 feet away and can
discharge the material into trucks, dumpsters or landfills
Vessel, Tank, and Work Surface Cleaning Services utilize water jet
technology to remove scale, hydrocarbons, coke, baked polymers and
other difficult deposits from various process vessels and tanks, which
Frac Tank Cleaning
Rig Platform Cleaning
Waste Minimization and Transportation
Confined Space Cleaning and Rescue
Following the initial rollout of these business lines, additional
segments such as spill response and waste storage, solidification, and
disposal may be added.
Commenting on the establishment of this additional business segment, Mr.
Kirk Trosclair, Executive Vice President and Chief Operating Officer
stated, "Due to customer demand and the amount of business we have been
referring to locally based environmental service companies, we recently
made the decision to add this new business segment to our Total Water
Management Solutions™ package of services. We already own most of the
equipment necessary to begin providing immediate services without the
expenditure of significant new capital. We also have in-house management
personnel who have the existing qualifications necessary to initiate
this business immediately. In order to maintain and continue to build
out our position as an end-to-end provider of Oilfield Fluid Management
Solutions™ to producers, an environmental division is another natural
next step for GreenHunter Resources."
About GreenHunter Resources, Inc.
GreenHunter Resources provides Oilfield
Fluid Management Solutions™ in the unconventional shale oil and
natural gas plays. Because there is no single solution to E&P fluids
management, GreenHunter's services include fixed-facility and mobile
water treatment (Frac-Cycle®),
an expanding portfolio of UIC Class II Salt Water Disposal wells with
advanced logistics and transport capabilities, proprietary modular
above-ground storage systems (MAG
Tank™), and cradle-to-grave compliance tracking technologies (RAMCAT™).
All of these services help oil and gas producers reduce cost and improve
For a visual animation of the Class II Salt Water Disposal well
development and completion technique that is being utilized in
GreenHunter Water's Appalachia, Eagle Ford, Mississippian Lime and
Bakken SWD program, navigate to the video by clicking on "Salt Water
Disposal Animation" button on the Operations tab at
GreenHunterResources.com or click here.
Additional information about GreenHunter Water may be found at www.GreenHunterWater.com
Any statements in this press release about future expectations and
prospects for GreenHunter Resources and its business and other
statements containing the words "believes," "anticipates," "plans,"
"expects," "will" and similar expressions constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various
important factors, including the substantial capital expenditures
required to fund its operations, the ability of the Company to implement
its business plan, government regulation and competition. GreenHunter
Resources undertakes no obligation to update these forward-looking
statements in the future.
Source: GreenHunter Resources, Inc.