The acquisition includes an existing well that has been approved for commercial water disposal.
GreenHunter Water intends to develop a commercial water service facility on the acquired property.
Planned uses for this location include a treatment facility for oilfield produced water, frac water and drilling mud, one or more salt water disposal wells and a heavy equipment and frac tank lay-down yard.
The property to be acquired is located in the heart of the drilling activity within the Appalachian resource plays of the Marcellus Shale and new Utica Shale.
GreenHunter Water will support Marcellus Shale drilling activities of active Appalachian exploration and production companies, through the facility.
GreenHunter Energy is a renewable energy company focused on water resource management in the unconventional oil and shale resource plays.
