GreenHunter Resources provides Q3 operational update

theflyonthewall.com

GreenHunter Resources provided an update on the company’s operations including volumes of water handled and disposed during Q3. Total company-wide volumes of fluids handled increased over 130% as compared to the same period last year. The volume of fluids handled increased to 1.205M barrels representing a 0.4% increase compared to the three months ending June 30, even though we were operating two fewer salt water disposal wells. One well located in the Eagle Ford was sold and one SWD well located in Oklahoma was shut-in due to a fire caused by a lightning strike. The company’s business activity in the Appalachia Region remains very robust and management is actively pursuing significant new SWD well expansion opportunities with a goal to double daily disposal capacity in this region by mid-year 2014.

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