YO RANCH SWD ELITE has signed a letter of intent to purchase the YO Ranch SWD, and it’s located in Live Oak County, Texas. The YO Ranch SWD property includes a salt water disposal well, which is has a permit for 25,000 barrels per day. The property includes a 4000 foot deep Carrizo fresh water well with a capacity of 43,000 barrels per day. Also included at this site are a lined pit, with a capacity of 56,000 barrels, and a solids recycling center along with a truck washout station. One of the key points to ELITE wanting to acquire this property is that there are very few solid recycling sites in this area of Texas. So, that will enable us to provide this high demand recycling service, and we will be able to facilitate any clientele within a 90 mile radius.
BURKS 624 SWD ELITE is acquiring the Burks SWD in La Salle County. The well, which is permitted for 4500 barrels per day, will be begin accepting trucks May l, 2016. We expect monthly revenues of approximately $50,000.00.
WILEY LEASE LLC ELITE is acquiring a majority interest in Wiley Lease LLC. The business consists of 24/7 trucking operations with 4 active salt water disposal sites and services customers in Atascosa and McMullen counties in Texas with revenues of $35 million in 2015.
*Can you imagine what may happen when we get news on one of these planned Acquisitions... I will continue to look to load while all this info is on their website and we have plenty of DD
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