DALLAS, Nov. 13, 2014 /PRNewswire/ -- Oilfield Water Logistics (OWL), a Natural Gas Partners (NGP) portfolio company providing water infrastructure and services to the energy industry, has expanded its network into three new states – Colorado, Utah and Wyoming – by acquiring assets of WestWater Energy.
This acquisition reinforces OWL's commitment to expanding and strengthening its water infrastructure and service offerings. The transaction adds three state-of-the-art water evaporation facilities to the existing OWL portfolio, including Danish Flats Environmental Services in Cisco, Utah, Pumpkin Buttes Waste Water Treatment facility near Gillette, Wyoming, and Wamsutter Wastewater Treatment Facility in Wamsutter, Wyoming. Also part of the acquisition are five immediate development projects to further expand OWL's water infrastructure network, including a new solids facility in Meeker, Colorado. The transaction further establishes a regional office for OWL in the Denver area.
"We are pleased to partner with Dr. Shiner and the WestWater team in this transaction which represents a significant expansion of our permanent water infrastructure strategy," said OWL CEO Chris Cooper. "The unique WestWater platform gives us diversification both by asset type and geography, and we look forward to growing our footprint in the region."
"WestWater is very fortunate to align with OWL," said Dr. Kirk Shiner, CEO of WestWater. "They bring a forward-thinking, effective approach to total water management, and we are excited to work with them to implement a water infrastructure strategy across the Rockies."
With the WestWater acquisition, OWL has 27 oilfield water facilities in operation or development and an extensive network of water pipelines and surface use agreements. For a site map, please visit http://www.oilfieldwaterlogistics.com/facilities.php.
Oilfield Water Logistics, LLC (OWL) provides water infrastructure and services to the energy industry including supply, pipeline transport, reclamation and disposal. OWL is active in the central and western United States and is seeking investment and development expansion opportunities nationwide.
SOURCE Oilfield Water Logistics (OWL)