Oasys Water Taps Select Energy Services as First Partner in The Oil and Gas Industry

Oasys Water, Inc.

Oasys Water Taps Select Energy Services as First Partner in The Oil and Gas Industry

March 14, 2012

Boston, MA, (March 14, 2012) – Oasys Water, a provider of forward osmosis technology that lowers the cost to reuse water, today announced that Select Energy Services, LLC (SES), a leading provider of engineered water solutions to the oil and gas industry, will be the exclusive operator of Oasys’ technology in the Permian Basin, for a 24 month period.

SES will use Oasys Water’s Membrane Brine Concentrator (MBC) to treat high saline produced waters from hydraulic fracturing activities. Oasys Water’s revolutionary MBC uses the principles of forward osmosis, a natural process that draws fresh water across a semi-permeable barrier to produce potable quality water. The technology provides a cost-effective means to recycle and reuse water while minimizing the impact on the environment.

“We see the Oasys technology as an innovative alternative for treating high salinity produced water. We are excited about adding it to our suite of solutions to meet the various requirements for water recycle and reuse within the oil and gas industry,” said John Schmitz, Select’s CEO. “The capital cost of the Oasys system gives our customers an effective and sustainable option to offset the costs of deep well injection.”

Currently, the oil and gas industry manages high salt content waste water, or brine, produced by hydraulic fracturing by either removing it from the water cycle through disposal into injection wells, or by treating the water using evaporation. The results of a six-month MBC pilot treating Marcellus Shale water shows that the technology will provide a cost effective alternative to evaporation.

“The results of our recent pilot show that our technology will transform water treatment,” said Bob Muscat, CEO for Oasys Water. “We are thrilled to be taking our solution to market and partnering with a company as successful as Select Energy Services, to bring our technology to the oil and gas industry. Commercial interest in our MBC has been tremendous and we look forward to introducing the technology to Select’s customers this year.”

About Select Energy Services

Houston-headquartered Select Energy Services, LLC is an industry leader in delivering innovative and efficient end-to-end water solutions and wellsite services to energy producers. With more than 5,000 employees and $1 billion in annualized revenues, SES effectively and safely sources, transports, tests, treats, recycles and disposes of water and fluids from wellsites within every major North American shale play in an environmentally conscientious manner. For more information, visit www.selectenergyservices.com.

About Oasys Water

Oasys Water provides technology that lowers the cost to produce clean water. Oasys uses natural or forward osmosis, helping customers reduce the cost to recover water, eliminate the problems associated with wastewater disposal and preserve the world’s fresh water supplies. Oasys makes water treatment simple. http://www.oasyswater.com.

 

Media Contact:

Jason Ouellette

617-502-4300

oasys@pancomm.com

###