From company press release:
GRAPEVINE, Texas--(BUSINESS WIRE)--Oct. 25, 2012--
The operating Washington County SWD well is located on 1-1/2 surface acres and has an approximate disposal capacity of 2,000 BBL/day. The Ritchie County SWD well is located on a 7-1/2 acre site and currently has an approximate disposal capacity of 1,000 BBL/day. GreenHunter now owns all surface acreage associated with the SWD wells including a 23-1/2 acre property with 20,000 square feet of corporate office and industrial buildings which will become the Company’s Appalachian operations headquarters. Multiple garage bays for truck maintenance and equipment storage and the potential for a new SWD well location exist on this site. Additionally, GreenHunter has added five 80 BBL water hauling (“Bobtail”) vacuum trucks to its existing Appalachia fleet as part of this transaction. This brings the total number of water hauling trucks owned and operated by the Company to 34 units.
Commenting on this event,
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 SWD program, navigate to the video by clicking on “Salt Water Disposal Animation” button on the Operations tab at GreenHunterEnergy.com or click here.
Additional information about GreenHunter Water may be found at www.GreenHunterWater.com
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