NY Company Sells Frack Wastewater Technology to PA Site
Even though New York State is an economic and jobs-creating disaster area with no prospect of shale drilling to lift it from the economic basement any time soon, some New York-based companies are still profiting from the shale boom–that is the shale boom happening across the border in Pennsylvania. One such company is R3 Fusion, Inc. in Troy, NY. R3 makes technology that recycles fracking wastewater for reuse, and they’ve just sold an installation of their technology to Hydro Recovery in Blossburg, PA.
The R3 announcement:
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Buffalo-area State Senator Mark Grisanti, a Republican, recently re-introduced several bills he previously introduced last year about this time, dealing with hydraulic fracturing in New York State. MDN received a tip from a Norse Energy investor forum that Grisanti had introduced a bill that creates a high volume hydraulic fracturing waste tracking system at the Dept. of Environmental Conservation. True, he did indeed introduce that bill (again) and the bill has been sent on to the Senate Environmental Conservation committee. Norse investors, among others, are attempting to read any tea leaves they can find for news that New York is about to allow horizontal fracking. Is this such a sign?…