STW Resources Holding Corp. (“STW Resources”) (OTCBB: STWS), a water reclamation services company, today announced that it has signed a Memorandum Of Understanding with Bob J. Johnson & Associates, Inc., (BJJA), a Texas corporation and a full-service water treatment firm that offers an array of services such as filtration, distillation, reverse osmosis, and UV treatment for facilities worldwide.
Under terms of the agreement, STW will utilize BJJA’s water experts, chemists and design engineers to help analyze oilfield water and design the systems capable of treating the water so it can be reused for fracking or other oilfield uses. This agreement will expand STW’s existing resources, help the Company provide a more comprehensive and sophisticated treatment system tailored for the unique needs of each oilfield customer.
Stanley Weiner, CEO of STW Resources, commented, “We are excited to partner with Bob J. Johnson & Associates, a proven leader in the water treatment industry. Working with a recognized industry expert like BJJA, and combining their water expertise and our water treatment services, will add to our credibility and help us target potential customers and win business. BJJA utilizes a wide array of technologies, sourced from several different manufacturers, to meet the cleaning requirements for the water instead of relying on a single manufacturer and a one-size-fits-all solution. This approach allows STW to execute our business plan of reclamation of oilfield water without STW having to hire all of the experts required to do these process and design jobs, improving our ability to scale our business and manage our expenses going forward.”
STW and BJJA are currently in various stages of water analysis and design of water treatment systems with four public oil and gas companies to clean up and reuse frack flowback, produced, and brackish water in the West Texas oilfields. One of these companies is Callon Petroleum, a New York Stock Exchange-listed company. STW has received brackish water analyses from Callon for BJJA to design, engineer, and manufacture a water processing facility capable of cleaning the water to meet the fracking specs required by Halliburton.