Ecosphere, Newfield Extend Woodford Shale Contract
Ecosphere Technologies on Tuesday announced that its majority-owned subsidiary, Ecosphere Energy Services, LLC and WACCAW, LLC, a wholly owned subsidiary of Newfield Exploration Mid-Continent, Inc. have signed a two-year contract extension for Ecosphere Energy Services to continue providing recycling services in the Woodford Shale with its patented Ozonix technology. Ecosphere and Newfield's original contract in Oklahoma was signed in November 2008.
Robbie Cathey, Chief Executive Officer of Ecosphere Energy Services, stated, "We appreciate the opportunity to continue working with Newfield Exploration, a valued and loyal customer to Ecosphere. They are an innovative company using environmentally responsible and cost effective methods for developing their oil and gas resources. The Ozonix Systems have proven to successfully treat flowback and produced water for bacteria and biofilms control, scale and corrosion inhibition, oil and grease removal, iron precipitation, and total suspended solids removal. Our services allow Newfield to recycle flowback and produced waters for reuse on new fracs. We look forward to continuing our service of providing quality water management solutions in the Woodford Shale."
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