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Stock Market & Financial Investment News

News Breaks
May 5, 2014
07:03 EDTGRHGreenHunter Resources forms new enviornmental solutions unit
GreenHunter Resources announced that it has established a new environmental solutions division in conjunction with its Total Water Management Solutions. Paul Falgoust has been promoted to vice president of this business segment and will work closely with existing management of the Appalachian Division to build out this new business. The company said, "Due to customer demand and the amount of business we have been referring to locally based environmental service companies, we recently made the decision to add this new business segment to our Total Water Management Solutions package of services. We already own most of the equipment necessary to begin providing immediate services without the expenditure of significant new capital. We also have in-house management personnel who have the existing qualifications necessary to initiate this business immediately."
News For GRH From The Last 14 Days
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July 27, 2015
07:17 EDTGRHGreenHunter Resources commences production at Mikks Hunter SWD facility
GreenHunter Resources announced production commencement late last week of the Harris C&W #1 and McKelvey M #3 SWD wells located at the Company’s Mills Hunter facility located in southeastern Ohio. The initial combined injection rate for the C&W and McKelvey wells is approximately 6,000 barrels per day, or approximately 3,000 barrels per day each. The increased injection capacity effectively raises GreenHunter’s overall disposal volumes from approximately 15,000 barrels per day to approximately 21,000 barrels per day, an increase of approximately 40%. Pending regulatory approval of the two additional wells at the Mills Hunter facility, both of which are conversion wells and are equipped to go online, plus one recently drilled and completed well at the Ritchie Hunter Facility located in Ritchie County, West Virginia, GreenHunter Resources estimates that total company wide injection capacity will reach its near term goal of approximately 32,000 barrels per day.

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