GreenHunter Water has just purchased three currently operating wastewater injection wells in Ohio and Kentucky for $8.8 million that they will use to dispose of Marcellus and Utica Shale wastewater. From the GreenHunter press release:
Looking for a way to participate in the Marcellus and Utica Shale economic boom? As an investor, or as a business owner or even as a job seeker, you might want to consider water. Yeah, water. Try these numbers on for size: In 2011, drillers paid somewhere between $1.3-$1.7 billion to dispose of fracking wastewater [...]
Texas-based GreenHunter Energy, Inc. announced they’ve purchased acreage in West Virginia where they will establish a facility to treat and dispose of fracking wastewater. Part of GreenHunter’s plan includes disposing wastewater using an existing injection well with plans for additional injection wells. The press release (in full below) does not mention the exact location for [...]
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