GreenHunter Sells Some TX Operations, Focuses on Marcellus/Utica
Earlier this week, GreenHunter Resources, a fracking wastewater treatment and disposal company with major operations in the Marcellus/Utica, released their first quarter 2013 financial and operating results. A tad late, yes, since first quarter ended March 31. However, it’s an informative update with details on their Marcellus/Utica operations. Of note: the company either has or plans to sell some (most?) of its Texas operations to concentrate on the Marcellus/Utica and on manufacturing and selling its above ground portable tank solution–called the MAG Tank™.
You may recall GreenHunter is sitting on pins and needles waiting for the U.S. Coast Guard (and the White House, and the EPA, and…) to approve barge transportation of fracking wastewater. GreenHunter now owns seven barge facilities in the Marcellus/Utica (see The Long (Federal) Road to Approve GreenHunter’s Barge Terminals). The full GreenHunter 1Q13 update from Monday: