makinezmoney
5 years ago
$BWTX: WOW... now those are good revs
For a Super Low Floater.
Watch her go like MAD !!!!!!
Bakken Water (BWTX) Reports Record Revenue Of Nearly $1.5 Million, Profitable For The YearprintFont size A A A
1:55 PM ET 4/4/19 | GlobeNewswire
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2:03 PM ET 4/4/19
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BWTX
0.02 33.33%
Real time quote.
Bakken Water (BWTX) Reports Record Revenue Of Nearly $1.5 Million, Profitable For The Year
LAS VEGAS, April 04, 2019 (GLOBE NEWSWIRE) -- Bakken Water Transfer Services, Inc. (OTC Pink: BWTX) is pleased to announce combined Revenues from Operations of $1,475,684 with a Net Income of $112,409 for the year.
"We had our best year yet providing surface water in the oil services industry," stated Mike Childs CEO of Bakken subsidiary Dakota Energy Resources Corp.
Bakken subsidiary Nationwide Property Partners Inc. continues to strengthen its footprint in the rental property market, buying, renting and maintaining a large portfolio of single-family residences. The Nationwide team is currently on set, filming the next episode in its reality series "Just Renting," which documents the daily routine of the rental property market in Flint, MI, through satire and on-screen narrative. Combined with Gebrael Management, a large Michigan property management company, the show hopes to highlight a small business comeback turning the narrative forward on a city once devastated by the housing crisis.
For news, media and show clips, you can follow "Just Renting" at www.facebook.com/justrenting, and on twitter at www.twitter.com/justrentingshow.
Media contact: Rhonda Zippro, 510-367-5990
RDBPublicity@aol.com
About Nationwide Property Partners Inc.
Nationwide Property Partners, Inc., a wholly-owned subsidiary of Bakken Water Transfer Services Inc., 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: jack@bakkenwatertransfer.com
> Dow Jones Newswires
April 04, 2019 13:55 ET (17:55 GMT)
GO $BWTX
makinezmoney
6 years ago
$BWTX: NEWS... Solid Earnings Report, $450k Quarterly Revenues
On track to do $2Million for the Calendar year 2018
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Bakken Water (BWTX) Reported Second Quarter Combined Revenue Of Over $450,000Font size: A | A | A
10:59 AM ET 8/21/18 | GlobeNewswire
RELATED QUOTES
11:33 AM ET 8/21/18
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BWTX
0.02 -15.38%
Real time quote.
Bakken Water (BWTX) Reported Second Quarter Combined Revenue Of Over $450,000
MINOT, N.D., Aug. 21, 2018 (GLOBE NEWSWIRE) -- Bakken Water Transfer Services, Inc. (OTC Pink: BWTX), reported combined revenue from its oil field services and rental property operations of $454,537 for the quarter ending June 30, 2018. Consistent conditions in the Bakken Shale Region of North Dakota are providing liquidity and assisting with further rental property acquisitions through its subsidiary Nationwide Property Partners, Inc. NPP continues to see significant opportunity in the Flint, MI and Genesee County area housing market where it has closed on seven additional rental properties with thirteen more pending.
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: info@bakkenwatertransfer.com
> Dow Jones Newswires
August 21, 2018 10:59 ET (14:59 GMT)
makinezmoney
6 years ago
$BWTX: The BAKKEN is Back !
www.inforum.com/opinion/columns/4477701-letter-bakken-back
Today we're busier in the Bakken than most people think.
In May, the North Dakota oil and gas industry set a new production record, hitting 1.244 million barrels of oil per day (bopd). In eighteen months, production has grown by more than 300,000 bopd, from 942,156 bopd in December 2016. It's hard to believe that only 10 years ago, in May 2008, the state's production totalled only 156,420 bopd. Experts today anticipate we could exceed 2 million bopd.
The North Dakota economy has been transformed. The industry employs 20 percent of North Dakota's workforce. And at incredible wages, paying more than 30 percent of total wages. North Dakota mineral owners reap more than $1 billion per year in royalties. And the taxes paid by the industry are astonishing, benefiting each and every North Dakotan. The average new well pays more than $1 million of taxes in its first year, and we completed nearly 900 new wells in the last 12 months. Because of it, our state's roads are in their best-ever condition, we have new law and medical schools, water diversion and aversion projects across the state, and a budget, though difficult, much stronger than it would have been without oil production.
It hasn't been without challenge. Western North Dakota worked hard to build our communities during the boom and to survive the downturn. For many, balance sheets will take longer to repair than income statements. A lot of iron remains under-utilized in shop yards. Several investments in oil and gas, real estate and other projects have and continue to face challenges.
While such situations cause hardship, the Bakken is fundamentally sound. The downturn forced rapid technology advancement in the industry. Often called simply "efficiency," it is far more in scope. New downhole sensors create 2-mile-long 3D images of tiny cracks in the rock more than 10,000 feet below the ground that engineers can use to create frac strategies for not only each well, but each 150-300 foot segment of it. The industry developed special plugs that withstand 15,000 pounds of pressure during the completion process, but naturally dissolve in a matter of weeks, reducing time and equipment on site. Electronic systems allow wells, pipelines and other systems to be managed from anywhere in the world. All together, better operations, knowledge and technology have doubled production per well in only a few years and decreased the cost of each well.
Our people changed, too. Williams and McKenzie Counties are among the youngest in the nation. The young guys who came out during the boom are five years older now, meaning that growing families are replacing crews in apartments. Our community events are packed with strollers, and even newly-built schools are full. The Bakken became a place for young adults to create families, friends and career opportunities. Now our next challenge in western North Dakota is growing community amenities to make this a place they love even more.
Record production, record employment and record births. There's no question that the Bakken is back.
Rolfstad is the retired director of Williston Economic Development.
makinezmoney
6 years ago
$BWTX: Thats a Fake Ask-Wall at $0.035
$BWTX should be reporting a really good financial update for
2017 business and forward business.
Bakken activity just got a major boost this year.
For sure, BWTX got a nice chunk of that action.
Here is more positive news in the field.... Water Companies in the
Oil Services are getting bought out.
Don't be surprised if $BWTX gets bought out as well.
*********************************************************
Gravity oilfield services acquires Bakken water management firm
By Luke Geiver | June 26, 2018
http://northamericanshalemagazine.com/articles/2423/gravity-oilfield-services-acquires-bakken-water-management-firm
Gravity Oilfield Services provides water management solutions along with power supply, rental and wellbore services. <br><small>PHOTO: GRAVITY OILFIELD SERVICES</small>
Gravity Oilfield Services provides water management solutions along with power supply, rental and wellbore services.
PHOTO: GRAVITY OILFIELD SERVICES
Texas-based Gravity Oilfield Services, a water midstream and oilfield infrastructure company, has acquired a Bakken water solutions provider. Backed by Clearlake Capital Group, Gravity has acquired McKenzie Energy Partners. The Bakken firm operates a network of produced water gathering pipelines and water disposal wells within the core of the Bakken.
“This transaction is evidence of our strategic focus on growing Gravity into a leading water midstream platform with critical assets in key plays like the Permian and the Bakken,” said Jose Feliciano, managing partner of Clearlake. “Gravity is well on its way to developing a comprehensive water solution platform for oil and gas operators during a time of critical change in the broader energy ecosystem,” he said.
In April, Gravity formed a multi-year water sourcing agreement with a major operator in the Permian. This month, Gravity announced another agreement in the Permian that will utilize two saltwater disposal wells. The company also has operations in the Eagle Ford, SCOOP/STACK, Marcellus and the Bakken.
Jeff Kummer, president of McKenzie Energy Partners, and an industry veteran that has helped to lead multiple major Bakken service operations, believes the new arrangement will be of great value to Bakken operators. In addition to water midstream services, Gravity also provides power supply and rental services and wellbore offerings.
Philip Wright, executive vice president of Gravity, said the addition of Kummer and the McKenzie Energy team will help Gravity expand in both the Bakken and the Permian.
Terms of the acquistion were not disclosed.
GO $BWTX
makinezmoney
6 years ago
$BWTX: Expecting to hear SOLID 2017 Revenues soon
This one is just primed to POP hard.
They already gave headsup guidance on this and people aren't taking
serious notice yet.
Last major sale publicly announced was 2yrs ago but activity in
Bakken region is still going up.
**********************************************************
Bakken Water Transfer Services Announces First Seasonal Water Sale
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June 27, 2016 13:32 ET | Source: Bakken Water Transfer Services, Inc.
Minot, ND, June 27, 2016 (GLOBE NEWSWIRE) -- Bakken Water Transfer Services Inc. (OTC Pink: BWTX) is pleased to announce that it has begun a large sale of water from one of its premier state permitted sources located in Mountrail County North Dakota. The customer is a publicly traded oil major in the region with an existing pipelined infrastructure used for water transportation.
On June 10, 2016, the customer began fracking its well pad using one of Bakken Water Transfer’s contracted sources. As of today, over 490,000 barrels of water have been pumped by the customer from this specific company source. BWTS currently has permits on this source totaling 150 acre-feet, which is approximately 1.160 million barrels of water.
The company is currently seeking to acquire, manage and develop other water sources in the region in an effort to provide affordable pricing, lowering costs for shale producers affected by the lower price of crude oil.
About Bakken Water Transfer Services Inc.
BWTS 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. 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: info@bakkenwatertransfer.com
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