This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

STW Resources And Bob J. Johnson & Associates, Inc., To Collaborate To Analyze Oilfield Water And Design Appropriate Treatment Systems

Stocks in this article: STWS

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.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,082.19 +51.98 0.29%
S&P 500 2,090.09 +8.21 0.39%
NASDAQ 4,796.5520 +23.08 0.48%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs