Rockwater Broadens Fluids Management Offering by Partnering with MWS, an Oilfield Service Company Providing Above‐ground Water Storage Systems
Houston, TX, November, 2012 – SCF Partners’ investment, Rockwater Energy Solutions, Inc., a fluids management and environmental solutions provider to the oilfield industry, announced that MWS, LLC, has joined its team. MWS is a mobile above‐ground water storage provider headquartered in Ault, Colorado. MWS provides patent‐pending steel tanks, ranging in capacity from 9,600 barrels to 40,000 barrels, to meet the water storage needs of the oilfield across North America.
Above‐ground storage tanks are a new service offering for Rockwater and provide a cost-effective and environmentally‐conscious alternative for the onsite storage of fluids in the oilfield. The MWS tank design combines the efficiency of quick assembly and disassembly with the structural integrity of an engineer‐certified, patent‐pending hinge system for safety and strength.
“We are excited to broaden our fluids management solutions with this new offering, which we will now be able to provide to customers in each of the regions in which we operate. We were highly selective in our search for a partner for this service, and chose MWS for their focus on safety and their superior tank design. This new capability will become an integral part of the overall fluids management, logistics, and conditioning system that we offer to our customers. We are pleased to have MWS joining the Rockwater team,” commented Larry O’Donnell, Chairman, President and CEO of Rockwater.
“MWS is pleased to join forces with Rockwater to integrate our water storage offering into the end‐to‐end fluids solutions that Rockwater provides the oilfield,” said Cliff Simpson, President and Founder of MWS.
About Rockwater (www.rockwaterenergy.com)
Rockwater Energy Solutions, Inc. provides extensive fluids management services and environmental solutions to the oil and gas industry by customizing cost‐effective solutions associated with the full fluids life cycle. Rockwater offerings include water transfer by pipe; completion, stimulation, and production chemicals; water conditioning for reuse; proppant, guar, and additives for fracturing; flowback services; fluids transportation and storage; and logistics and distribution services to support its product and service offerings. Rockwater is headquartered in Houston, Texas, and employs approximately 3,000 employees, serving every major shale basin in North America.
Rockwater Energy Solutions, Inc. (the “Company”), from time to time, provides estimates of financial and other data, comments on expectations relating to future periods and makes statements of opinion, view or belief about current and future events. Statements relating to future events and performance are “forward‐looking statements.” Forward‐looking statements are generally accompanied by words such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” “could,” “may,” “foresee,” “plan,” “goal” or other words that convey the uncertainty of future events or outcomes. Forward‐looking statements are not guarantees of performance. The Company has based these forward‐looking statements on its current expectations and assumptions about future events. These statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments as well as other factors it believes are appropriate under the circumstances. Actual results may differ materially from those implied or expressed by the forward‐looking statements. These forward‐looking statements speak only as of the date of this press release, or if earlier, as of the date they were made. By issuing estimates or making statements based on current expectations, opinions, views or beliefs, the Company has no obligation, and is not undertaking any obligation, to update such estimates or statements or to provide any other information relating to such estimates or statements. The Company faces a variety of risks that could cause actual results to differ materially from those that may be set forth in the forward‐looking statements made by the Company. We caution you not to place undue reliance on any forward‐looking statements.
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Rockwater Energy Solutions, Inc.