Our History

GreenHunter Resources, Inc. is a diversified water resource, waste management and environmental services company
headquartered in Grapevine, Texas that specializes in the unconventional oil and natural gas shale resource plays. Through our wholly owned subsidiary GreenHunter Water, LLC, which we refer to in this prospectus as GreenHunter Water, we provide Total Water Management Solutions™ in the oilfield. We understand that there is no single solution to exploration and production fluids management, and this understanding shapes our technology-agnostic approach to services. GreenHunter Water’s approach to water management includes fixed-facility and mobile water treatment systems (Frac-Cycle®), an expanding portfolio of UIC Class II Salt Water Disposal wells with advanced hauling and fresh water logistics services, a next-generation modular above-ground storage tank system (MAG Tank™), and compliance tracking technologies (RAMCAT™) that allow shale producers to reduce costs while they account for their fluids from cradle-to-grave and adhere to emerging regulations.

Oil and natural gas wells generate produced water which is water from underground formations that is brought to the surface during the normal course of oil or gas production operations. Since this water has been in contact with hydrocarbon-bearing formations, it contains some of the chemical characteristics of the formations and the hydrocarbons. We have identified water reuse and water management in the oil and natural gas industry as a significant growth opportunity for the foreseeable future and are continuously exploring various alternatives to continue to develop this segment of our operations through existing relationships, joint ventures, targeted acquisitions and development of water management technologies.

We have acquired or leased properties in the Marcellus Shale and Utica Shale, Eagle Ford Shale, Bakken Shale and Mississippi Lime areas located in Appalachia, South Texas, Eastern Montana and Oklahoma, respectively. We have developed commercial water service facilities on most of these properties and we have the intention to further develop barge transport capabilities along existing navigable inland waterways in the Appalachian region. In addition, we are currently deploying a modular above-ground temporary water storage system in the Marcellus Shale and we are installing an onsite semi-portable water treatment facility in this region. In response to requests from current and prospective customers, we have designed and engineered, fabricated and patented a proprietary next-generation modular above-ground water storage system (MAG Tank™). We continue to evaluate alternatives and may in the
future license from third parties new technologies to treat water and other fluids associated with the production of oil and natural gas for reuse.

 

Significant Events