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Slide #73. Nuverra Environmental Solutions, Inc. — Ideal Oilfield Disposal, LLC
Nuverra Environmental Solutions, Inc. (AMEX:NES)
Ideal Oilfield Disposal, LLC
Nuverra Environmental Solutions, Inc. (NYSE:NES), one of the largest companies in the United States dedicated to the removal, treatment, recycling, transportation and disposal of restricted solids, fluids and hydrocarbons, today announced that it has entered into a definitive agreement to acquire Ideal Oilfield Disposal, LLC ("Ideal"), a greenfield oilfield disposal landfill site located in McKenzie County, North Dakota. Terms of the transaction were not disclosed.
Nuverra Environmental Solutions provides water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations in the U.S. Co.'s business operations are organized into three divisions: the Rocky Mountain division, which includes its Bakken Shale area business; the Northeast division, which is comprised of the Marcellus and Utica Shale areas; and the Southern division, which is comprised of the Haynesville Shale area. Within each division, Co. provides water transfer services, disposal services, and rental and other services associated with the drilling, completion and ongoing production of shale oil and natural gas.
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Hold (2.17 out of 4)
(ranked higher than approx. 85% of all stocks covered)
Based on Zacks ABR data;
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