New produced water treatment facility in Colorado commences operations

Sponsored by

SCOTTSDALE, AZ, Aug. 15, 2012 -- Alanco Technologies Inc. (OTCBB: ALAN) subsidiary Alanco Energy Services Inc. ("AES") has commenced commercial operation of its new "Deer Creek" treatment and disposal facility for oil and gas produced water, located near Grand Junction, Colorado.

AES's recently completed Phase I investment program totaled approximately $3,000,000, which included, at the Deer Creek facility, construction of two evaporation ponds for water disposal, totaling over eight surface acres; a state-of-the-art produced water treatment facility to remove hydrocarbons and entrained solids; and a 1952 foot injection well awaiting final permitting approval. Also included in the AES Phase I investment was the purchase and environmental permitting of a nearby 160 acre property, designated "Indian Mesa," for future expansion.

Bob Kauffman, Alanco CEO, commented, "We are looking forward to developing a major new Alanco business opportunity in the western Colorado produced water market by providing local oil and gas producers with significant cost savings, and outstanding customer service. Our current plan includes additional pond construction at the Deer Creek site, and at our nearby 160 acre Indian Mesa site, as well as final approval of the Deer Creek injection well. We are also actively pursuing advanced technology solutions to further treat and refine produced water for agricultural applications and recycle for oil field fracking use.

"I would also like to acknowledge the outstanding performance of AES's operating management partner, TCO Operating LLC, in this very successful completion of our Phase I 'open for business' status. TCO's Tom Pool and Craig Creel have utilized all of their combined 60 or 70 years of oil and gas experience to position AES on its present highly promising course."

###

Sponsored by

TODAY'S HEADLINES

Drought-stricken West exhausting underground water resources, research shows

According to a new study jointly conducted by University of California, Irvine and NASA scientists, more than 75 percent of the water loss in the drought-stricken Colorado River Basin since late 2004 has originated from underground resources.

Industrial development driving global water treatment equipment market, study finds

According to a new GIA report, the global market for water and wastewater treatment equipment is forecast to reach $53.4 billion by 2020, stemmed by increasing population, urbanization, improving manufacturing activity, and rising oil and gas production, among others.

EPA launches third-annual green infrastructure Campus RainWorks Challenge

EPA is launching its third-annual Campus RainWorks Challenge, a competition to engage college students in reinventing U.S. water infrastructure and developing innovative green infrastructure systems to reduce stormwater pollution and build resilience to climate change.

Rittal Corporation appoints new president for North American market

Rittal Corporation has named Gregg A. Holst as president, with responsibility for the entire North American market.

FOLLOW US ON SOCIAL MEDIA