- Environmental and energy services are creating value and driving growth
- The company is further seeking to increase sales and contracts, grow its staff, and attract capital
- XFUL and three subsidiaries (HCPA, Gilbert, AES) are working together to serve a vast market
Serving oil and gas customers, pipeline customers, and other industrial clients, Converde Energy USA (OTC: XFUL), d/b/a American Energy Partners, and its partners possess a high level of technical expertise that puts the company at a distinct advantage. It provides solutions that can meet the needs of markets that require both energy production and water sourcing, treatment, and supply. Together with its three subsidiaries, XFUL is catering to industries that are reliant on hydraulic fracturing, in which the typical well uses 4.4 million gallons of water. Water is provided from rivers, public utilities, and from recycling and treatment facilities, but the conglomerate is now serving the Marcellus and Utica regions of Pennsylvania and Ohio, where thousands of locations have yet to be drilled.
The company’s partners present a triple-threat to competitors and a boon for investors in the region’s large and growing industrial sector. Hydration Company of PA (HCPA) is an expert in hydrological studies. It has located the largest non-potable water sources in the region, while its negotiation expertise allows it to gain access to these sources from their owners. Conducting its own studies in the hydrological and engineering circuit, it can then obtain permits and install…
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