Keystone Clearwater “Comes Home” to Former Owner, Sale Complete
Keystone Clearwater Solutions, a company that provides water services for shale drillers in the Marcellus/Utica, is “coming home” in a sense. We told you in November that SC Water, LLC, a Pennsylvania-based natural gas and oil industry investment group, announced it had signed an agreement to buy Keystone Clearwater from American Water for an undisclosed amount (see American Water Selling PA Frack Water Co. Keystone Clearwater). The deal is now done and ownership has transferred.
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Several weeks ago the founder and CEO of Tallgrass Energy, David G. Dehaemers Jr.,
In May, Weatherford International, the world’s fourth largest oilfield services (OFS) company, finally succumbed and announced it was filing for a “prepackaged” bankruptcy (see
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MARCELLUS/UTICA REGION: A natural gas blowout in Ohio released more methane than many countries do in an entire year; Natural gas initiative shifts to statewide action; Oil and Gas industry partners with first responders; NATIONAL: Is Wall Street turning its back on fossil fuels?; Aly Energy Services, Inc. goes dark, no longer filing SEC updates; Fight over flaring: Industry, enviros contrasting accounts over burning excess natural gas; Michael Moore & Me (video); INTERNATIONAL: Ontario expanding natural gas to more communities across Ontario.
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