Houston, TX, June 2012 – SCF Partners’ investment, Rockwater Energy Solutions, Inc., a fluids management and environmental solutions provider, recently announced its partnership and strategic agreement with Neohydro Corp., headquartered in Houston, Texas. Neohydro supplies water treating equipment for the onsite treatment and conditioning of water to the oil and gas industry. Neohydro designs and manufactures patent-pending PathoCell™ technology and Rover™ selfcontained mobile treatment trailers for the creation of a powerful mix of oxidants which reduces bacteria by over 99%, reduces total suspended solids by over 99%, reduces metals by over 30%, and yields clear water suitable for reuse in fracturing.
Neohydro brings to Rockwater over 30 years of experience in water treating, leading to the development of a cost-efficient solution for the treatment of water from fracturing, flowback, and production. The Neohydro Rover™, combined with Rockwater’s Fluids Technologies and Fluids Management service offerings, positions the combined team as a full service provider of fluids conditioning.
“The Rockwater and Neohydro agreement adds a proven water treating technology to our strong chemical water treating and fluids management expertise,” shared Larry O’Donnell, Chairman, President and CEO of Rockwater. “This provides Rockwater with additional fluids conditioning capability to more fully serve the needs of our customers.”
About Neohydro (www.neohydro.com)
Neohydro provides water treating equipment for the onsite treatment and conditioning of water and helps maintain environmental safety standards through advanced waste-reduction technologies and increasing reusability during the process of hydraulic fracturing.
About Rockwater (www.rockwaterenergy.com)
Rockwater Energy Solutions, Inc. provides comprehensive fluids management services and environmental solutions, including water transfer by pipe; production, stimulation, and specialty chemicals, including friction reducers, corrosion and scale inhibitors, and biocides; environmentally-friendly hydraulic fracturing fluidcomponents, such as food based guar and guar derivative products, and proprietary crosslinker technologies; pipeline additives; fluids management, logistics and transportation of fluids, proppants, and oilfield service products through its more than 670 trucks; transloading from rail and storage of sand and other proppant used in hydraulic fracturing; storage of crude oil and other fluids in its tank farms; and well testing and flowback services. Rockwater is headquartered in Houston, Texas, and has about 3,000 employees.
Forward-Looking Statements
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.
For further information about SCF, contact:
Theresa Eaton
Vice President, SCF Partners
teaton@scfpartners.com
713.227.0394
For further information about Rockwater, contact:
Kristine Boyd
Director – Finance
Rockwater Energy Solutions, Inc.
713.235.9528 kboyd@rockwaterenergy.com