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STUART, Fla., Sept. 26, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a water engineering, technology licensing and innovative U.S. manufacturing company, today announced that its licensee, Fidelity National Environmental Solutions, LLC (FNES), has been named as a finalist for the Water Management Company of the Year in the Midcontinent Oil and Gas Awards.
The Midcontinent Oil and Gas Awards are a platform for the oil and gas industry to demonstrate and celebrate the advances made in the key areas of environmental stewardship, efficiency, innovation, corporate social responsibility and health & safety. The awards will be announced on Tuesday, October 29, at a gala dinner at the National Cowboy & Western Heritage Museum in Oklahoma City.
"We are honored to be selected as a finalist for the Midcontinent Oil and Gas Awards," said Robbie Cathey, Chief Executive Officer of FNES (formerly Ecosphere Energy Services). "Since 2008, FNES has been treating and recycling flowback and produced waters in the Woodford and Fayetteville shale plays for major companies in the midcontinent. This region is critical to our nation's energy supply and we are proud to contribute to its development by enabling our customers to treat, recycle and reuse billions of gallons of water without the use of harmful chemicals, while also reducing operating costs."
A leading water treatment provider to the energy services sector, FNES has an exclusive field-of-use license for Ecosphere's patented Ozonix® technology for global energy applications including, but not limited to, onshore and offshore oil and natural gas exploration and production, power generation, refineries and coal. FNES currently provides energy exploration companies with mobile wastewater treatment equipment to eliminate harmful chemicals from hydraulic fracturing operations in the United States.
Since 2008, Ecosphere's patented Ozonix® technology has enabled oil and gas customers to treat, recycle and reuse over 3 billion gallons of water on more than 800 oil and natural gas wells in major shale plays around the United States.