Opportunity Highlights

Exposure to Key Resource Plays:
~ Currently owns and operates two class 1a disposal wells.
~ Diverse client and revenue base.
~ Strategically located assets positioned for growth in active areas.
~ Facilities serve producers operating in both the Industrial and Oil & Gas Industries.
~ Potential for facility expansion to service growing production (+/- 400Acres of Industrial land)
~ Water Diversion Rights.
~ Abundance of industrial property for service growth.
~ Functional QAQC onsite lab.

Attractive Industry Fundamentals:
~ Growing waste stream volumes due to increased horizontal drilling, meters drilled per well and completions intensity.
~ Heightened regulatory and environmental scrutiny surrounding the disposal and treatment of Industrial and Oilfield waste.
~ Highly concentrated competitive landscape with high barriers to entry.
~ Approved licensing from Alberta regulatory board, accepting hazardous and non-hazardous Oilfield and Industrial waste fluids.

Strong Upside Potential:
~ Produced water volumes are a by-product of oil and gas production and continue to be received regardless of drilling activity.
~ Current well operations under natural formation vacuum.
~ Assets have long expected lives and require relatively low levels of maintenance capital.
~ Strong operating margins and free cash flow generation capability in the current commodity price environment, with upside leverage to an increase in commodity prices.
~ Opportunities to enhance existing facilities develop / acquire new facilities and offer expanded services.