Breaking News GreenHunter – AMEX: GRH – Frac-Cycle(TM) System for Oilfield Water Recycling to Complement Temporary Above Ground Fluid Storage

 Breaking News: Frac-Cycle(TM) System for Oilfield Water Recycling to Complement Temporary Above Ground Fluid Storage

GRAPEVINE, Texas, Sep 07, 2011 (BUSINESS WIRE) — GreenHunter Water, LLC, a wholly owned subsidiary of GreenHunter Energy, Inc. (NYSE Amex: GRH), announced today that it has entered into a definitive agreement to install and operate an onsite semi-portable water treatment facility in the Marcellus Shale. This facility will receive and treat water used in hydraulic fracturing. The process includes the removal of chemicals and impurities in a sufficient amount for reuse in new wells scheduled for fracture stimulation. This is the latest product available under GreenHunter Water’s comprehensive Total Water Management Solutions(TM) service and product line.

The Benefits of the Frac-Cycle system will include:

— Reduced road traffic from water hauling trucks

— Compliance with current and anticipated State regulations in the Marcellus Shale

— Less than 20% of the water flowback per frac job to be disposed of as waste compared to 100%

— Cost competitive to operators versus conventional methods for handling ‘frac water’

— Flexible system architecture uses a variety of technologies depending on specific operator needs

GreenHunter’s new Frac-Cycle customer has recently ordered reusable above ground temporary water storage tanks from GreenHunter Water. The customer stated that the primary reason it chose to work with GreenHunter for water reuse was the experience of the team, “No other company we have spoken with has qualified personnel who have both hands on experience in the oilfield and could also present a solution that is cost-effective, meets our complete water recycling objectives, and does not hinder our drilling operations.”

Jonathan D. Hoopes, President and COO of GreenHunter Energy, Inc., stated, “Our strategic planning initiative established earlier this year is now being executed as we build-out our various product lines. These efforts are now beginning to bear the fruits of our labor with specific contract awards from third parties. We have designed our products and services with a Total Water Management Solutions goal in mind. We believe GreenHunter Water is the only company that truly offers a one-stop solution to all oilfield water handling requirements. Our latest product, Frac-Cycle, will allow oilfield operators to improve efficiency, lower costs and reduce their water usage footprint. We have strategically chosen to take a technology agnostic approach to oilfield water recycling, allowing GreenHunter Water to match the treatment system to an operator’s unique needs depending on the shale play and geographic location. We look forward to working with other operators in the Marcellus Shale to provide similar solutions to their water management needs.”

About GreenHunter Water

GreenHunter Water is a diversified renewable energy company predominately focused on providing Total Water Management Solutions(TM) in the oilfield. GreenHunter Energy’s existing management team has a long and successful history in the oil and gas industry. In addition to the licensing of intellectual property from and joint ventures with manufacturers of stationary and mobile water treatment technologies, management has identified existing water disposal facilities and development opportunities for acquisition.

Additional information about GreenHunter Water may be found at

Forward-Looking Statements

Any statements in this press release about future expectations and prospects for GreenHunter Energy and its business and other statements containing the words “believes”, “anticipates”, “plans”, “expects”, “will” and similar expressions constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the substantial capital expenditures required to fund its operations, the ability of the Company to implement its business plan, government regulation and competition. GreenHunter Energy undertakes no obligation to update these forward-looking statements in the future.

GreenHunter Energy is focused on water resource management in the oil and natural gas sector and the renewable energy sectors of wind, hydro, geothermal, solar, biofuels, and biomass power plants. Our assets consist of a residual interest in the future development of a wind energy project located in California and a biomass-fired power plant located near Imperial, California. Headquartered in Grapevine, Texas, GreenHunter Energy was formed to be the first publicly traded renewable energy company based in the U.S. that provides to investors a portfolio of diversified assets in the alternative energy and water management sectors. Additional information about GreenHunter Energy may be found at

SOURCE: GreenHunter Energy, Inc.

StockGuru’s Profile for GreenHunter Energy, Inc.

This is the condensed version – Full StockGuru Profile Found Here:

GreenHunter Energy, Inc. (NYSE Amex: GRH) is a diversified renewable energy company focused on water resource management, biomass power generation, wind and solar energy projects.

GreenHunter Energy’s Board of Directors and senior management made a decision earlier this year to strategically change the corporate direction to concentrate specifically on water resources management directly related to the oil and natural gas industry.


Focus on Water Needs for Oil and Gas Industry: The significant development presently ongoing in the unconventional resource plays located in the United States, and the ever-increasing needs for water to perform fracture stimulation activities, provides a significant market opportunity for the company.

Seasoned Management: GreenHunter Energy’s management is well-seasoned in the oil field with decades of experience and strong relationships in the exploration and production industry which the company plans to leverage to be a significant player within this growing business segment of water management services.

Closed on Private Placement: In late June, GreeenHunter Energy closed a private placement. Proceeds from this offering will be used for general corporate purposes and to partially fund three separate acquisitions that are planned in the water resource management space.

Water Resource Management Focus

GreenHunter’s commercial focus is specifically on water resources management directly related to the oil and gas industry.

Recent improvements in drilling and completion technologies have unlocked large reserves of hydrocarbons in multiple unconventional resources plays in North America. These new drilling methods often involve a procedure called hydraulic fracturing or hydrofracking. This process involves the injection of large amounts of water, sand and chemicals under high pressures into rock formations to create and prop open fissures to stimulate the production of oil and natural gas. According to the American Petroleum Institute, more than 1 million wells have been safely fracked in the United States during the last 60 years.

Unconventional wells can require more than four million gallons of water to complete a hydrofracking procedure. The Environmental Protection Agency estimates that 70 to 140 billion gallons of water are pumped into 35,000 fracking wells every year. According to other industry sources, the number of fracking wells exceeds 50,000 annually. Because a portion of the water that is used in the hydrofracking process will return to the surface as a by-product or waste stream (commonly referred to by oil and gas operators as frack-flowback), industry procedures for the containment, treatment, transportation, reuse and disposal of these fluids have become well-established.

In addition to frack-flowback, oil and natural gas wells also generate produced salt water or brine which is water from underground formations that is brought to the surface during the normal course of oil or gas production. Because the produced water has been in contact with hydrocarbon-bearing formations, it contains some of the chemical characteristics of the formations and the hydrocarbons. Produced water is the largest volume by-product or waste stream associated with oil and gas exploration and production. Estimates from the U.S. Department of Energy’s National Energy Technology Laboratory (NETL) suggest that the total volume of produced water generated by U.S. onshore and offshore oil and gas production activities is over 20 billion barrels or 882 billion gallons (1 barrel equals 42 U.S.gallons).

While produced water (also known as oil field brine or brine due to its high salinity content) can be reused if certain water quality conditions are met, approximately 95 percent of U.S. onshore produced water generated by the oil and gas industry is disposed of by using high-pressure pumps to inject the water into under-ground geologic formations or is discharged under National Pollutant Discharge Elimination System (NPDES) permits. The remaining 5 percent is managed through beneficial reuse or disposed through other methods including evaporation, percolation pits, and publicly owned treatment works.

Federal, state and local legislation is emerging as a result of the considerable focus that is being directed to the exploitation of North America’s abundant reserves of shale oil and natural gas. New legislation and regulatory initiatives relating to hydraulic fracturing are expected to result in increased costs and additional operating restrictions for oil and gas explorers and producers.

Management Negotiations for Three Acquisitions

GreenHunter management is in negotiations for three separate acquisitions and development projects in the water resource business as relates specifically to the unconventional shale resource plays.

The three unconventional shale plays on which GreenHunter Energy is focused are:

  • The Marcellus Shale in the Appalachian Basin
  • The Eagle Ford Shale in South Texas
  • The Bakken Shale in North Dakota, Montana and Southern Saskatchewan


This is the condensed version – Full StockGuru Profile Found Here:

Contact GreenHunter Energy, Inc.

GreenHunter Energy, Inc.

Jonathan D. Hoopes President & COO

1048 Texan Trail Grapevine, TX 76051

Tel: (972) 410-1044



GRH Disclosure: StockGuru entered into an investor relations consulting and market awareness contract with GreenHunter Energy. We hold not shares and will not be receiving any shares. To avoid all potential conflicts of interest, we never sell shares into the open market during an active market awareness or investor relations program. This means that as we release new information about a particular client company either on our site or otherwise authored by us, you can be confident we are not selling shares at the same time. StockGuru is not a registered investment adviser or a broker/dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. The Company will compensate us three thousand dollars monthly in cash and four thousand two hundred dollars in 144 restricted shares based on the volume weighted average share price for the last five days of each month. Initially, we have been funded the first cash payment and are due the first five thousand shares of this contract as we begin our coverage on July 19, 2011. StockGuru – 1601 Berwick Drive – McKinney, Texas 75070 – (469) 252-3031.