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STW Resources Signs Joint Development Agreement with ThermoEnergy for Water Reclamation in the Oil & Gas Industry

STW will Arrange Pilot Test Programs of ThermoEnergy's Proprietary TurboFrac® and FracGen® Water Recovery Systems


News provided by

STW Resources Holding Corp.

Sep 12, 2013, 10:00 ET

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MIDLAND, Texas, Sept. 12, 2013 /PRNewswire/ -- STW Resources Holding Corp. (OTC QB: STWS) announced today it has signed a joint development agreement with ThermoEnergy Corporation (OTCBB:TMEN) to develop opportunities to deploy water reclamation equipment in the oil and gas industry. STW will arrange for exclusive pilot test programs with appropriate producers in its area of operations.

ThermoEnergy's TurboFrac™ technology is a cost effective solution to recover hydrofracking wastewater (contaminated produced water and flow-back water) created by the hydraulic fracturing ("fracking") of oil and gas wells, and recycle it into clean, usable water. In addition to recovering usable water for reuse in fracking operations, the TurboFrac system can concentrate the chemicals and other impurities for recycling or safe, cost-efficient disposal. ThermoEnergy's FracGen™ systems provide an economical and effective solution to upgrade brine laden water that is available in local, deep aquifers.

STW Chief Executive Officer Stanley Weiner said, "I am very pleased to be associated with ThermoEnergy as their technology offers an economical avenue to reclaim produced and flowback waters for reuse in drilling and fracking operations. We have tested many technologies.  After thoroughly testing and evaluating ThermoEnergy technology, we found the one with the ability to perform the most economical processing solution for reclamation activities for the various levels of contaminated waters that we encounter in the oil patch."

"With over 85 Cast systems operating worldwide in various other industries, the technology has withstood the endurance challenge of harsh water in harsh conditions," said Lee Maddox, STW Chief Operating Officer.

Maddox added, "STW has worked with TEC to demonstrate the efficacy of their technology for all Oil and Gas Producers to meet the most stringent of water quality specifications by the operators and regulatory agencies."

About STW Resources Holding Corp.

STW Resources Holdings Corp. consults and provides customized water analysis, reclamation and remediation services to a variety of complex industrial and municipal applications throughout several geographic locations. As an independent solutions provider, STW utilizes proven technologies from various well-known manufacturers. These technologies are available as fixed or mobile units with varying capabilities. STW's process ensures that the most effective and efficient technologies are implemented. Current potential project locations include the Eagle Ford Shale (TX), and the West Texas Delaware and Permian Basins (TX).  STW is also involved in the oilfield construction business providing road, pit, location, and water pond construction. It also offers evaporation covers for the elimination of evaporation on frac ponds used through out the oilfield.  It is a conservational and economic method of preserving one of our natural resources and can be floated on to existing ponds or installed during construction.  It also eliminates algae growth, doubles as a bird net, and reduces erosion of pond infrastructure. High quality liners with fusion-welded seams, quality control testing including air tests of seams and destruction testing are also offered.

www.stwresources.com

About ThermoEnergy Corporation

Founded in 1988, ThermoEnergy is a diversified technologies company engaged in the worldwide development, sales and commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies.

ThermoEnergy Corporation has spent nearly two decades developing sustainable water treatment and clean energy technologies that help clients operate more efficiently, save money, reduce their carbon footprints, and meet sustainability goals. The company's award-winning wastewater recovery systems provide superior process economics and environmental compliance for a variety of industrial and municipal water treatment facilities.

www.thermoenergy.com

Forward-Looking Statements

This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including risks discussed in the company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

SOURCE STW Resources Holding Corp.

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