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Ridgeline Announces Pennsylvania Installation, Expansion of New Mexico Facility

Ridgeline Energy Services Inc. (RLE.V) announced a new Pennsylvania water treatment facility and the expansion of its New Mexico facility.

Ridgeline's Single Train Commercial Unit near Punxsutawney, PA will concentrate on produced water, with an anchor customer providing approximately 2,500-4,000 barrels of waste water per day.

Ridgeline has also been granted an expansion of its current facility located in Southeastern New Mexico. The facility will grow from its current 2,500 barrel per day capacity to 5,000 barrels per day.

RLE shares were down half-a-cent at $0.415.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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