Water Stocks Trading Alert: AWK, CWT, MSEX, WTR

Water Stocks Trading Alert: AWK, CWT, MSEX, WTR


February 22, 2013 (www.investorideas.com newswire, www.water-stocks.com ) Investorideas.com, an investor research portal specializing in sector research for independent investors, issues a snapshot for water stocks trading for Friday February 22nd.

Aqua America Inc. (NYSE:WTR) is trading at $28.84, up 0.27(0.95%) as of 12:28PM EST on 149,000 shares.
American Water Works Company, Inc. (NYSE:AWK) is trading at $39.71, gaining 0.26(0.66%) at 12:30PM on over 215,000 shares.

California Water Service Group (NYSE:CWT) is up, trading at $20.26, plus 0.16(0.80%) at 12:33PM EST on just over 42,000 shares.


Middlesex Water Co. (NasdaqGS: MSEX) is trading up at $19.00, gaining 0.05(0.26%) at 12:22PM EST on just over 27,000 shares.

The Guggenheim S&P Global Water Index (NYSEArca: CGW) is at 23.46, up 0.21(0.89%)


Research water stocks with the water stocks directory at Investorideas.com

Investorideas.com currently offers one of the most comprehensive water stock directories available to individual investors, listing over global 300 stocks in a PDF format.

http://www.investorideas.com/Water-Stocks/Stock_List.asp


About InvestorIdeas.com:

Investorideas.com, one of the few investor research portals that covers the water sector, has partnered with well- known water expert, Neil Berlant to build on and enhance its current online services. Investorideas.com and www.water-stocks.com will continue to showcase public companies online, publish press releases, write commentary on stocks in the sector and interview leading experts. Mr. Neil Berlant will create a new division for institutional and accredited investor introductions to qualified water companies.

Future plans also include water investment conferences, both live and online and water stocks research in the form of a newsletter to subscribers.



Neil D. Berlant

Partner, Crowell, Weedon & Co.

Since 1968, Neil has been continuously involved in the investment banking industry, either as a principal, officer, or founder of several firms. He has supervised and initiated the publication of numerous investment research reports on the water industry and conducted conferences directed towards top corporate management, the investment community, and venture capitalists. He has been a speaker at conferences on topics ranging from financing, to business and investment opportunities in the water industry. In addition, he has consulted to Fortune 500 companies and participated in negotiations concerning mergers, acquisitions, and venture capital investments. He is quoted frequently in newspapers including the Wall Street Journal, The New York Times, Los Angeles Times, Investor's Business Daily, and frequently appears on CNBC and other stations.

Sign up for the free investor news and stock alerts at Investorideas.com

http://www.investorideas.com/Resources/Newsletter.asp


Become an Investorideas.com Member and access our 14 online stock directories 24/7 – water, renewable energy, mining stocks and more…

http://www.investorideas.com/membership/

Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894



800-665-0411 - Source – www.Investorideas.com

Profiting from Water Stocks; Investorideas.com and Water Expert Neil Berlant Bundle Services for Water Sector

Point Roberts WA- February 1, 2013 (www.investorideas.com newswire, www.water-stocks.com ) Investorideas.com, an investor research portal specializing in sector research for independent investors, is pleased to announce new services for the publicly traded water sector.

Investorideas.com, one of the few investor research portals that covers the water sector, has partnered with well- known water expert, Neil Berlant to build on and enhance its current online services. Investorideas.com and www.water-stocks.com will continue to showcase public companies online, publish press releases, write commentary on stocks in the sector and interview leading experts.  Mr. Neil Berlant will create a new division for institutional and accredited investor introductions to qualified water companies.

Future plans also include water investment conferences, both live and online and water stocks research in the form of a newsletter to subscribers.

“We have interviewed Neil many times over the years and featured him in our online conferences; always turning to him as a well- known and respected source in the water investment community. It’s exciting to look to the year ahead and work with Neil to build the needed recognition for the water sector and help public companies build their brand with the right investors “ said  Investorideas.com founder.  

Neil Berlant recently said, “My goal is to have investors recognize and appreciate, in one more way, the often overlooked value and importance of water.  As I define the water industry, it’s all things that influence the quality and availability of water.”

Investorideas.com currently offers one of the most comprehensive water stock directories available to individual investors, listing over global 300 stocks in a PDF format.

Research water stocks with the water stocks directory at Investorideas.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp

Neil D. Berlant
Partner,Crowell, Weedon & Co.
Since 1968, Neil has been continuously involved in the investment banking industry, either as a principal, officer, or founder of several firms. He has supervised and initiated the publication of numerous investment research reports on the water industry and conducted conferences directed towards top corporate management, the investment community, and venture capitalists. He has been a speaker at conferences on topics ranging from financing, to business and investment opportunities in the water industry. In addition, he has consulted to Fortune 500 companies and participated in negotiations concerning mergers, acquisitions, and venture capital investments. He is quoted frequently in newspapers including the Wall Street Journal, The New York Times, Los Angeles Times, Investor's Business Daily, and frequently appears on CNBC and other stations.

Neil Berlant Interview on Bloomberg – Profiting from Water
Nov. 2 - Neil Berlant, a partner at Cromwell Weedon & Co., talks with Bloomberg's Deirdre Bolton about how to profit by investing in water assets. They speak on Bloomberg Television's "Money Moves."
http://www.bloomberg.com/video/liquid-money-profiting-from-water-wNq7oNCFTEyVwD_lyfF7eQ.html


About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more . 
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com


Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp

Become an Investorideas.com Member and access our 14 online stock directories 24/7 – water, renewable energy, mining stocks and more…
http://www.investorideas.com/membership/

Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894


For more info and ideas on investing in water contact Investor Ideas 

800-665-0411 - Source – www.Investorideas.com

Profiting from Water Stocks; From Drought to Hurricanes - Where Does the Opportunity Exist?

New York, New York - November 8, 2012 (Investorideas.com newswire, www.water-stocks.com) Investorideas.com editor: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on investing in water stocks following Hurricane Sandy and the recent election results.

From infrastructure to desalination, there is ample opportunity for long term growth in the water sector, no matter what political party is in office . Water is truly the next oil as advocates of the sector proclaim, and as the stock market adjusts to four more years of Obama, no one can deny the importance of water in our lives.
Investor Ideas is a long term advocate of investing in water stocks and is one of the few sites covering the sector for retail investors. As the global economies are faced with the devastating results of drought and hurricanes, it becomes self evident to any astute investor, as Neil Berlant states " that water is a very inefficiently followed sector in the equity markets."
So what is it going to take for investors on all levels to take this sector seriously, and what stocks are worth consideration?
Investorideas.com turns to its long term expert in the sector to give insight as to the stocks to pay attention and what to make note of. In a recent interview with Bloomberg Neil discusses General Electric (NYSE: GE), Calgon Carbon (NYSE: CCC), Mueller Water Products (NYSE: MWA), Energy Recovery (NasdaqGS: ERII ) and Xylem (NYSE: XYL).
In recent notes to his investors Neil Berlant shares: "With no desire to trivialize the magnitude and scope of Hurricane Sandy, there are several aspects of this event that are worth noting. To begin with, for sure the horrific winds wrought havoc of immense proportion, but the winds pale alongside of the impact of the water. The enormous waves and surge, the flooding, and the torrential rain was of epic proportion. One must not underestimate, or fail to appreciate, the awesome power of water!
Indeed, as you well know, water is my focus and passion. More important, the impact and image of Sandy should impress on everyone that water should be valued respected and valued more than it usually is. As we tally up the cost of this natural disaster, reflect on the role water plays on our lives on a daily basis.
My goal, with this brief note, is that you recognize and appreciate, in one more way, the often overlooked value and importance of water. As I define the water industry, all things that influence the quality and availability of water, the impact and consequence of this epic event represents not only a tragedy, but also an extraordinary business and investment opportunity for the water industry. For the many companies that produce, market, and service pumps, filtration equipment, piping, dewatering, and countless other water-related areas, this tragic event represents a potential business bonanza."
Neil Berlant Interview on Bloomberg - Profiting from Water
Nov. 2 - Neil Berlant, a partner at Cromwell Weedon & Co., talks with Bloomberg's Deirdre Bolton about how to profit by investing in water assets. They speak on Bloomberg Television's "Money Moves."
http://www.bloomberg.com/video/liquid-money-profiting-from-water-wNq7oNCFTEyVwD_lyfF7eQ.html
Research water stocks with the water stocks directory at Investorideas.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
Neil D. Berlant
Partner,Crowell, Weedon & Co.
Since 1968, Neil has been continuously involved in the investment banking industry, either as a principal, officer, or founder of several firms. He has supervised and initiated the publication of numerous investment research reports on the water industry and conducted conferences directed towards top corporate management, the investment community, and venture capitalists. He has been a speaker at conferences on topics ranging from financing, to business and investment opportunities in the water industry. In addition, he has consulted to Fortune 500 companies and participated in negotiations concerning mergers, acquisitions, and venture capital investments. He is quoted frequently in newspapers including the Wall Street Journal, The New York Times, Los Angeles Times, Investor's Business Daily, and frequently appears on CNBC and other stations.
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Become an Investorideas.com Member and access our 14 online stock directories 24/7 - water, renewable energy, mining stocks and more…
http://www.investorideas.com/membership/
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For more info and ideas on investing in water contact Investor Ideas
800-665-0411 - Source - www.Investorideas.com

How to Find the next potential big stock winner in your favorite sector!

New York, New York - October 3, 2012 (Investorideas.com water newswire, www.water-stocks.com) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors has updated its fourteen global stock directories for October. Smart money is looking at water stocks but there are winners in every sector and sometimes within the small and microcap stocks.

In a recent Investorideas.com article , water investment expert Neil Berlant named his potential long term beneficiaries based on global drought conditions: "BMI, CCC, ERII, HEK, ITRI, LAYN, LNN, MWA, NWPX, TTC, VMI." http://www.investorideas.com/news/2012/water/09281.asp
"Our water stocks directory has just been updated for October, as well as all others in our portfolio. We just added beverage and food stocks to our portfolio and we are just in the process of updating our gaming stocks directory, so it will be added shortly. When social networking stocks and cloud computing stocks became hot, we added them for our members" noted founder Dawn Van Zant.
"We find it's not just retail investors that buy our directories and become members, it's also institutions that find them a resource as well, when researching a sector. "
The current list of 14 directories includes stocks on the TSX, OTC, NASDAQ, NYSE as well as global stock exchanges. The list of directories include Renewable Energy Stocks Directory,
Mining and Gold Stocks Directory, Water Stocks Directory
Coal Stocks Directory, Environment/Lohas Stocks Directory, Biotech Stocks Directory, Fuel Cell Stocks Directory, Nanotechnology Stocks Directory, Natural Gas Stocks Directory, Defense Stocks Directory, Oil and Gas Stocks Directory, Agriculture Stocks Directory, China Stocks Directory and the Beverage Stocks Directory.
How to become a member and access our 14 online stock directories 24/7 - water, renewable energy, mining stocks and more…
http://www.investorideas.com/membership/
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Sign up for the free investor news and stock alerts http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com

Neil Berlant Gives his List of Water Stocks to Watch as Drought Continues

New York NY - September 28, 2012 (Investorideas.com water newswire, www.water-stocks.com) Investorideas.com staff: Investorideas.com, a leader in sector research including water stocks issues a sector snapshot of water stocks to follow as the drought conditions continue to worsen. Reuters, quoting data from the US Drought Monitor noted, " The total extent of drought across the region is more than double > what it was last year, when it reached 29.1% September 27, 2011."

Global drought conditions have affected the price of corn, soybean and wheat and now as a result causing concerns over the price of bacon .
Looking at the water sector, just like every major problem that occurs, there is a group of companies that can and will benefit .
Neil D Berlant of "Profiting From Water, Business and Investment Opportunities in Water ", a well- known and quoted expert in the sector says the following stocks are among the likely long-term beneficiaries :
Trading as of the close September 27 th - note all stocks closed to the upside
Badger Meter Inc. (NYSE BMI) closed at $36.95, up 0.06 or 0.16%
Calgon Carbon Corporation (NYSE :CCC) ended the day at $14.28 up 0.07 or 0.49%
Energy Recovery, Inc. (NasdaqGS :ERII) finished at $2.98, up 0.11 or 3.83%
Heckmann (NYSE :HEK) closed up at $4.36, up 0.26 or 6.34% and continued its gains in after hours trading
Itron (NasdaqGS :ITRI) ended trading at $43.02, up 0.56 or 1.32%
Layne Christensen Co. (NasdaqGS :LAYN) finished at $20.17, up 0.15 or 0.75%
Lindsay Corporation (NYSE :LNN) ended at $71.00 , up 1.77 or 2.56%
Mueller Water Products (NYSE :MWA) ended at $4.85, up 0.10 or 2.11%
Northwest Pipe Co. (NasdaqGS :NWPX) closed at $25.18, up 0.17 or 0.68%
Toro Co. (NYSE :TTC) ended at $39.23, up 1.65 or 4.39%
Valmont Industries, Inc. (NYSE:VMI)closed at $129.60 , up 0.36 or 0.28%
About Neil Berlant
Since 1968, Neil has been continuously involved in the investment banking industry, either as a principal, officer, or founder of several firms. He has supervised and initiated the publication of numerous investment research reports on the water industry and conducted conferences directed towards top corporate management, the investment community, and venture capitalists. He has been a speaker at conferences on topics ranging from financing, to business and investment opportunities in the water industry. In addition, he has consulted to Fortune 500 companies and participated in negotiations concerning mergers, acquisitions, and venture capital investments. He is quoted frequently in newspapers including the Wall Street Journal, The New York Times, Los Angeles Times, Investor's Business Daily, and frequently appears on CNBC and other stations.
Research water stocks with the water stocks directory - one of the most comprehensive water stocks directories online for investors
http://www.investorideas.com/Water-Stocks/Stock_List.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Become an Investorideas.com Member and access our 14 online stock directories 24/7 - water, renewable energy, mining stocks and more…
http://www.investorideas.com/membership/
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
For More Information Contact:
800 665 0411
Source: Water-Stocks.com, Investorideas.com

Water Stocks Sector Snapshot: MWA, PHO, WTR

New York, New York - August 17, 2012 (Investorideas.com newswire, www.water-stocks.com) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors reports on water stocks trading for August 17th.

A report from the Civil Society Institute (http://www.CivilSocietyInstitute.org) just released found that “concerns about drought go hand in hand with worries about water shortages and also how to avoid making them worse. Three out of four Americans – including 61 percent of Republicans, 84 percent of Democrats and 80 percent of Independents -- think that "with all the current concern about severe drought and the risk of water shortages, America needs to start focusing more on alternative energy sources, such as wind and solar, that require less water." This view is shared consistently across nearly all drought-stricken states surveyed.”
As concerns mount several of the stocks are trading near or at 52 week highs.
Aqua America Inc. (NYSE:WTR) is trading up at $25.31, up 0.10 or 0.40% as of 11:39AM EDT on over 190,000 shares. The 52 week range for the stock is $20.16 - 26.93.
Mueller Water Products, Inc. (NYSE:MWA) is up 5.01%, trading at $4.19, gaining 0.20 as of 11:43AM EDT on 688,000 shares. The stock broke through its 52 week high today in trading.
Water ETF PowerShares Water Resources (NYSEArca PHO) is trading up at 19.22, gaining 0.02 or 0.11% as of 11:26AM EDT. The 52 week range is 14.01 - 19.59.
Research water stocks with the water stocks directory at Investorideas.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Become an Investorideas.com Member and access our 13 online stock directories 24/7 - water, renewable energy, mining stocks and more…
http://www.investorideas.com/membership/
Full report on water shortages survey - http://www.investorideas.com/news/2012/water/08162.asp
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com

Water/ Energy Stock News: RIDGELINE (TSX-V: RLE; OTCQX: RGDEF) ENTERS AGREEMENT FOR SIX WATER TREATMENT FACILITIES

CALGARY, Alberta - May 15, 2012 (Investorideas.com newswire) - Ridgeline Energy Services Inc. ( TSX-V: RLE; OTCQX: RGDEF) ("Ridgeline" or the "Company"), an energy services and water treatment company, has signed an agreement with Kerr Energy, LLC of Fort Worth, Texas for the installation of six water treatment facilities to be located in western Texas.

WATER TREATMENT AGREEMENT
The agreement with Kerr Energy is for seven years with a right of renewal and has projected revenues of $24 million dollars in the first five years. The first of Ridgeline's water treatment facilities will be installed on Kerr Energy's Salt Water Disposal ("SWD") wells located near Monahans, Texas and will treat produced and hydraulic fracturing flowback water for reuse by the oil and gas industry. In addition, Ridgeline will share water and oil recovery sales with Kerr. The agreement with Kerr marks a major step forward for Ridgeline into the business of treating water for resale in the oil industry.
Ridgeline currently operates another nearby facility treating produced and flowback water outside Jal, New Mexico as well as a water treatment facility in Santa Fe Springs California. The Santa Fe Springs facility currently treats industrial waste water, produced water, and flowback water from surrounding oil wells. The business model for the new Kerr Energy facilities will be the same as at Santa Fe Springs. Waste water from multiple clients will be delivered to these facilities for treatment and resale or disposal.
"This new contract will initially setup expansion just 50 miles south of our current facility in New Mexico, and grows our company's presence further south and west in Texas. This growth fits perfectly, and allows us to concentrate expansion geographically." stated Dennis M Danzik, developer of Ridgeline's water treatment technology.
Hydraulic fracturing involves the injection of millions of gallons of water, sand and chemicals under high pressure into productive formations which stimulate production by creating pathways for oil and gas to escape into the wellbore. A large portion of this water returns to the surface as a by-product or waste stream and must be disposed of properly into a designated facility or treated for beneficial reuse.
Kerr Energy, based in Fort Worth, TX, was formed in 2007 by three veterans of the oil and gas industry. Jim and Mike Martin (with over 30 years' experience in the industry) along with Ian Kerr were active in the Barnett Shale and Permian Basin in the areas of leasehold acquisition, royalty, and working interest offerings. In late 2010, Kerr Energy recognized the high demand of water utility in the west Texas arena. As such, they embarked on an initial build of five fresh water locations within the Midland/Odessa area and west towards Barstow, TX. With a clear view of the current and progressive scarcity and value of water in the region, Kerr was pleased to find that Ridgeline Water Inc. has a technology that has arrived right on time for this situation. Kerr believes Ridgeline is the best partner to progress the services of disposal, fresh water production, and oil recovery. Kerr Energy currently operates five water stations in western Texas, and plans expansion to more than a dozen in 2012.
"Our research and work with Ridgeline over the last several months has proven to our organization that Ridgeline offered the best technology and manufactured equipment to perform and survive in the rigorous oil field environment.", stated Ian Kerr, Kerr Energy CEO. Mr. Kerr also stated, "Our current group of western Texas based water supply operations will now be expanded to include treatment and disposal. It is our plan to recycle up to 80% of the waste water returned. As the year progresses, the plans are to add water treatment to an existing facility every two to four months, depending on volume, contracts, and obtaining the required operating permits."
"To our knowledge, this is the largest water reclamation, and recycling effort for the oil and gas industry in west Texas. Ridgeline is working to build similar relationships with water suppliers in other strategic areas of Texas and New Mexico. Opening our technology to additional revenues from oil recovery, and water supply is now an important part of our business opportunity and strategic plan. This development for us is a result of the mounting need for waste water recycling and we look forward to much growth in this direction" stated Tony Ker, Ridgeline CEO.
PROSPECTUSOFFERING
In addition, Ridgeline is pleased to announce it has entered into an agreement with Mackie Research Capital Corporation (as sole book runner and co-lead underwriter) whereby Mackie Research Capital Corporation and National Bank Financial Inc. (as co-lead underwriter) along with a syndicate of underwriters (collectively, the "Underwriters") will conduct an overnight marketed offering of common shares of the Company (the "Common Shares") at a price of $0.70 (the " Offering Price ") per Common Share, for gross proceeds of up to approximately $10 million (the "Offering" ). Pursuant to the Offering, the Underwriters have agreed to underwrite 2,857,000 Common Shares at the Offering Price equaling proceeds of approximately $2 million of the gross proceeds of the Offering.
Pursuant to the Offering, the Company hasgranted the Underwriters the option, but not the obligation, exercisable in whole or in part at any time prior to 30 days after closing of the Offering (the "Closing ") to increase the size of the Offering by up to 15% to cover over-allotments and for market stabilization purposes (the "Over-Allotment Option ").
The Common Shares will be offered by way of a short-form prospectus to be filed in such provinces of Canada (except Quebec), where the Common Shares are sold, pursuant to National Instrument 44-101 - Short Form Prospectus Distributions and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.
The Offering is scheduled to close on or about the week of June 4 th, 2012 or as otherwise determined by the Company and Underwriters and is subject to certain customary conditions including, but not limited to, the receipt of all necessary regulatory approvals including the approval of the TSX Venture Exchange.
The net proceeds received by the Company from the Offering will be used for commercialization, acquisitions, development, and working capital.
In consideration for their services, the Underwriters will receive a cash commission of 7.0% of the gross proceeds of the Offering and compensation options exercisable any time at the Offering Price for up to 24 months from Closing to purchase an amount of Common Shares equal to 7.0% of the number of Common Shares sold pursuant to the Offering, including the amount subscribed for pursuant to the exercise of the Over-Allotment Option, where any such exercise occurs.
This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. persons," as such term is defined in Regulation S under the U.S. Securities Act, unless an exemption from such registration is available.
About Ridgeline Energy Services Inc.
Ridgeline Energy Services Inc. is an energy services and water treatment company. The Company is applying proprietary technology to treat the large volumes of contaminated water generated by oil and gas production. The Company is working with energy majors in the application of its technology for the recycle and reuse of; produced and hydraulic stimulation flowback water; enhanced recovery chemical flood water; and oil sands process water. As well the Company is applying its technology in the testing and treatment of commercial and industrial waste water. Through its environmental consulting and remediation subsidiaries, Ridgeline Environment Inc. and Ridgeline GreenFill Inc., the Company has built a reputation as an established provider of environmental services to North America's oil and gas industry. The Company trades on the TSX Venture Exchange under the symbol "RLE" and the OTCQX as "RGDEF". Additional information is available on the Company's website at: www.ridgelinecanada.com .
For further information please contact:
Ryan Johnson of Ridgeline Energy Services Inc.
Corporate Development
(604) 566-8066 ext. 3 (Vancouver)
rjohnson@ridgelinecanada.com
David Waldman at Crescendo Communications
Investor Relations
(212) 671-1021 (New York)
dwaldman@crescendo-ir.com
ON BEHALF OF THE BOARD OF DIRECTORS
"Tony Ker"
Tony Ker, CEO
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements."
Published at Investorideas.com Newswire
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp . Disclosure: Investorideas.com was compensated five hundred for the email and news release publication online of this news release