June 28, 2018 - 10:10 AM EDT
Print Email Article Font Down Font Up Charts

Bakken (BWTX) Provides Update on Oilfield Services Contracts and Residential Property Acquisitions

MINOT, N.D., June 28, 2018 (GLOBE NEWSWIRE) -- Bakken Water Transfer Services, Inc. (OTCPink:BWTX), announces that it is currently providing surface water for two separate energy company fracking projects in the Bakken shale region of North Dakota. Along with the completion of its previously announced water source sale in April 2018, the company is on track to deliver its strongest revenue producing year of record.

The company continues to diversify its assets and income through its wholly owned subsidiary, Nationwide Property Partners, Inc. NPP is in the process of acquiring twenty-three additional single family residential properties in Flint Mi, and surrounding Genesee County areas. Continued SFR purchases are planned as additional water sales, financing and debt is allocated.

Bakken Water Transfer Services, Inc., through its wholly-owned subsidiary Dakota Energy Resources Corporation, is an oilfield service company with operations focused currently in the Bakken Shale Region of North Dakota. The company provides, sells, locates and transports surface water to shale oil producers at affordable prices. Through its other wholly-owned subsidiary, Nationwide Property Partners, Inc., Bakken purchases and rents residential real estate. Bakken Water Transfer Services Inc. common stock trades on the OTC Pink marketplace under the ticker symbol BWTX.

Safe Harbor Notice

Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Bakken Water Transfer Services, Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Bakken Water Transfer Services, Inc. undertakes no obligation to revise these statements following the date of this news release.

Contact: Jack Galvin
Phone: 702-904-0475
Email: [email protected]


Source: GlobeNewswire (June 28, 2018 - 10:10 AM EDT)

News by QuoteMedia
www.quotemedia.com

Legal Notice