Green Mountain Development Corp (GMND)

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Shale Gas Boom Creates $3B Market Opportunity To Clean Marcellus Fracking Water
Posted on August 24, 2011 by Administrator

August 24, 2011 Green Mountain Development continues to investigate the logistics of implementing the shale gas recycling plant using the the Beach Haven Oil Terminal located in Berwick, Pennsylvania in the Marcellus Shale region.

A recent article in Forbes Magazine, Shale Gas Boom Creates Market Opportunity To Clean Fracking Water said “The resulting market for wastewater disposal and treatment in this region alone will exceed $3 billion per year…”

Obviously with this market opportunity and the tankage capacity of the Beach Haven terminal, there is a good potential for near term revenue generation if we can get the engineering, permits and logistics underway in 2011. Stay tuned for updates….
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