SPICEWOOD, TX, United States, via ETELIGIS INC., 01/13/2015 – – 5 Star SWD, LLC (5 Star) would like to announce that it has officially secured another location in the Karnes Trough region of the Eagle Ford Shale on which its third SWD facility will be built. This new facility location will be known as 5 Star Hwy 72 SWD and is expected to be open for business later this year. 5 Star has already begun construction on its first two Eagle Ford shale SWD facilities known as 5 Star Fashing SWD and 5 Star Whitsett SWD.
“The acquisition and permitting of this third SWD facility location has not only served to increase 5 Star’s footprint in the Eagle Ford, but has also allowed the company to cross a benchmark of offering over 60,000 BWPD of water disposal services in one of the most prolific shale plays in North America,” stated Waylan Johnson, President of 5 Star.
“With large public oil companies projecting an increase in their Eagle Ford area spending budgets over the next several years, we feel very confident in where 5 Star has chosen to build the foundation of its water and mud injection/reclamation business and look forward to further expanding its footprint throughout the trend,” stated Mr. Johnson.
5 Star’s approach to the SWD space has been carefully calculated based on area specific logistics, geology and engineering. Additionally, its management team has been working directly with some of the major players to strategize locations which best suit their needs. 5 Star expects to have its 5 Star Fashing SWD facility open for business in the next couple of months.
5 Star’s inaugural investment fund, 5 Star Strategic Fund I, LP, holds ownership interest in 5 Star Hwy 72, 5 Star Fashing and 5 Star Whitsett. 5 Star Strategic Fund I, LP is being offered to verifiable accredited investors only. For further information regarding topics discussed in this article, including information about your personal investment qualifications, please contact 5 Star SWD, LLC via their Investor Relations Department: (512) 201-1060 or visit www.5StarSWD.com where you can join the 5 Star (corporate) Mailing List and receive up to date information on 5 Star activities, including all 5 Star Press Releases.
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This release/announcement/document is neither an advertisement, an offer to sell, nor a solicitation of an offer to buy securities, Units or participations of 5 Star SWD, LLC or any of its managed funds (5 Star). This release/document contains certain statements, estimates, and forecasts with respect to future performance and events. All statements other than statements of historical fact included in this release/announcement/document, a Memorandum, or the 5 Star website, including, but not limited to, statements regarding future performance or events, are forward-looking statements. All such forward-looking statements are based on various underlying assumptions and expectations and are subject to risks and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. As a result, there can be no assurance that the forward-looking statements included in this release/document, a Memorandum, or the 5 Star Website will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this release/document, a Memorandum, or the 5 Star Website might not occur. Accordingly, investors should not rely upon forward-looking statements or historical performance as a prediction or indicator of future results. Also, 5 Star, its officers, principals, employees, agents, subsidiaries, affiliates and consultants, and the other parties, investors, and partners involved in any properties, programs and 5 Star activities have conflicts of interests. The price received for the oil and natural gas produced from any properties may be less than quoted NYMEX prices at any given times. 5 Star does not undertake any obligation to update any forward-looking statements, facts or other information, whether as a result of new information, future events, subsequent circumstances or otherwise. Information herein is not intended to be any form of solicitation. Information contained herein should not be construed as investment advice. 5 Star is not a tax professional and does not offer any tax advice.
5 Star SWD, LLC
SOURCE: 5 Star SWD, LLC