5,000 BPD Oil and Gas Expansion in Odessa Texas
CALGARY, AB and
SCOTTSDALE, AZ, May 23, 2013 /CNW/ - Ridgeline Energy Services
Inc. ("Ridgeline" or the "Company") (TSXV: RLE, OTCQX: RGDEF,
FSE: RL7) a technology driven company operating in the waste
water industry announces new facility in Texas. New facility sees addition of second
major oil and gas customer.
Ridgeline is pleased to announce the
installation of a waste water treatment facility that will be
installed south of Odessa, Texas.
The facility will have an initial capacity of 5,000 barrels per
day. This will mark Ridgeline's second major oil and gas customer
in the Permian Basin. As with other Ridgeline oil and gas service
facilities, the installation will be located at a permanent tank
battery with substantial storage to allow for the reuse of the
treated water. Installation of the new facility will be started
immediately and completed in July of this year.
The effort on the new facility was headed by
Tyler Heathcote, Ridgeline's
Director of Oil and Gas Development and Midland General Manager,
Ian Kerr.
Dennis M. Danzik CEO stated "Again our oil and
gas presence continues to escalate as a new anchor customer offers
Ridgeline another opportunity to lead in the ever growing water
treatment market within the oil and gas industry. This year we see
our capacity grow again, and with a new customer in the oil
industry that is concerned about water usage and the ever growing
environmental impact, and how to lessen the impact on both".
Tyler Heathcote,
Director of Oil and Gas for Ridgeline stated, "I have to recognize
the immediate benefit of Ian Kerr
joining our team in Midland. As
well, we see the entire market for water treatment in oil and gas
demand increasing. As with our other facilities, this installation
will handle produced water, directly from the oilfield tank
battery".
Ridgeline will continue concentration of its oil
and gas expertise in waste water treatment and management in the
Midland market. The Company sees
continued growth opportunities through 2013 with increased
production activities in the Permian Basin.
About Ridgeline Energy Services Inc.
Ridgeline Energy Services Inc. is
a technology driven water treatment company. The Company trades on
the TSX Venture Exchange under the symbol "RLE" the OTCQX as
"RGDEF" and on the FSE as RL7. Additional
information is available on the Company's website
at: www.ridgelinecanada.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Dennis M Danzik
Dennis M Danzik
Director and Chief Executive Officer
"Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release. This news release
may contain forward-looking statements. Forward-looking statements
address future events and conditions and therefore, involve
inherent risks and uncertainties. Actual results may differ
materially from those currently anticipated in such statements.
Such information is subject to known and unknown risks,
uncertainties and other factors that could influence actual results
or events and cause actual results or events to differ materially
from those stated, anticipated or implied in the forward-looking
information. Readers are cautioned not to place undue
reliance on forward-looking information, as no assurances can be
given as to future results, levels of activity or
achievements."
SOURCE Ridgeline Energy Services Inc.