GreenHunter Resources Announces Multiple Pipeline Project in Pennsylvania and West Virginia

GreenHunter Resources, Inc. NYSE MKT: GRH NYSE MKT: GRH.PRC, a diversified water resource, waste management, environmental services, and hydrocarbon marketing company specializing in the unconventional oil and natural gas shale resource plays, announced today that through its wholly-owned subsidiary, GreenHunter Pipeline LLC, it has executed multiple definitive agreements to have exclusive use of three independent pipelines. This new project covers approximately 34 miles of right-of-way to transport freshwater, oilfield waste water brine, and hydrocarbons oil, condensate and NGLs. The Points of Receipt POR have been strategically chosen in two locations in southwestern Pennsylvania and northwestern West Virginia. These regions have quickly become some of the most densely populated areas for new permitting, drilling, and producing in the Marcellus Shale Play and the evolving Utica Shale Play. The Point of Delivery POD will be along the Ohio River at one of GreenHunter’s barge terminal locations. GreenHunter Pipeline will own and operate the POR and the POD facilities and associated equipment. Our equity partner, Major Pipeline LLC, will design, build, own, and operate the pipeline exclusively for GreenHunter’s benefit.

via GreenHunter Resources Announces Multiple Pipeline Project in Pennsylvania and West Virginia – WSJ.com.

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