GreenHunter Navigates U.S. Fracking Market

14 Apr 2014
Available with corporate subscription

On 26 March 2014, GreenHunter Water, LLC, a subsidiary of GreenHunter Resources, sold its Dewitt County salt water disposal facility to Clear Water Resource Partners, LLC. The US$3.4 million Eagle Ford divestment is the third SWD facility sold in the last 12 months. GreenHunter is refocusing its water service operations for fracking exclusively in the Marcellus and Utica (Appalachia) shale plays.

Bluefield Takeaways

  • GreenHunter turns to Appalachia for growth
  • Disposal constraints spark alternative solutions
  • Competitive landscape shifting with new entries and partnerships