Aqua Terra Water acquires 2 saltwater disposal facilities

By Editor

Share

Aqua Terra Water Management has acquired two saltwater disposal facilities operated by Borejaks Energy Services.

The news facilities will operate under the Aqua Terra brand. They are located in the heart of the Bakken shale in the McKenzie and Dunn counties of North Dakota.

With this acquisition, the company has expanded Aqua Terra’s network from 2 facilities to 10. The company plans to expand to more than 14 facilities by December of this year.

“Entering the Bakken shale is consistent with our desired goal of serving all the major light oil and liquids rich plays in North America,” said Scott Perekslis, managing partner and co-founder of Bregal Partners.

“Our pending facility near Alameda, Saskatchewan combined with the acquired facilities in the U.S. Bakken creates a cross-border solution that few water management companies can provide,” Perekslis added.

In a related development, Four Winds Energy Services, a wholly-owned subsidiary of Aqua Terra, opened two new facilities serving the Viking oil play in southeastern Alberta.

Tom Johnston, president of Four Winds, said, “The addition of our new greenfield facilities at Crossfield and Drumheller allows us to meet the produced water needs in this active emerging play.”

[email protected]

Latest News

Related