Nuverra Environmental Solutions, Inc. Announces Acquisition of Landfill Site in North Dakota

Nuverra Environmental Solutions, Inc. Announces Acquisition of Landfill Site in North Dakota

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Nuverra Environmental Solutions, Inc. (NYSE: NES), one of the largest companies in the United States dedicated to the removal, treatment, recycling, transportation and disposal of restricted solids, fluids and hydrocarbons, today announced that it has entered into a definitive agreement to acquire Ideal Oilfield Disposal, LLC ("Ideal"), a greenfield oilfield disposal landfill site located in McKenzie County, North Dakota. Terms of the transaction were not disclosed.

The landfill site has received draft permits by regulatory authorities in accordance with the North Dakota Department of Health. The completion of the transaction is subject to certain closing conditions. The transaction is expected to close in the late second quarter or early third quarter of 2013. The Company anticipates that the landfill will be operational by the end of 2013, and once completed, will be accretive to earnings and produce approximately $18 to 20 million in annual run-rate revenue, exclusive of potential revenue synergies with the Company's other service offerings.

Mark D. Johnsrud, Chief Executive Officer of Nuverra commented, "We are very pleased to add our first oilfield waste landfill site in North Dakota to our growing portfolio of environmental solutions. As the environmental and regulatory landscape changes, solid waste disposal, particularly as it relates to providing our customers a permanent solution to the disposal of drill cuttings, is an integral component in being a full-cycle, closed-loop environmental solutions provider. We also intend to build additional treatment options around the landfill, all of which facilitate our strategic objective of offering our customers a one-stop environmental solution that includes both liquids and solids."

The oilfield disposal landfill will be located on a 60-acre site with initial draft permitted capacity of over 1.7 million cubic yards of airspace. The Company believes that permitted capacity could be expanded to 5.8 million cubic yards of permitted airspace capacity in the future. The Company anticipates the transaction resulting in additional planned 2013 capital expenditures of $6.0 to $8.0 million to make the landfill site operational. One of the owners of Ideal has agreed to join the Company on a full-time basis to manage the landfill.

About Nuverra Environmental Solutions, Inc.

Nuverra is an environmental solutions company. The Company is one of the largest companies in the United States dedicated to providing comprehensive and full-cycle environmental solutions to our customers in energy and industrial end-markets. Nuverra focuses on the delivery, collection, treatment, recycling, and disposal of restricted solids, water, waste water, used motor oil, spent antifreeze, waste fluids and hydrocarbons. The Company continues to expand its suite of environmentally compliant and sustainable solutions to a collection of customers that demand stricter environmental compliance and accountability from their service providers.

Interested parties can access additional information about Nuverra on the Company's web site at, and in documents filed with the United States Securities and Exchange Commission, on the SEC's web site at

Forward-Looking Statements

This press release may contain "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. Forward-looking statements in the press release include, without limitation forecasts of growth, revenues, adjusted EBITDA and pipeline expansion, and other matters that involve known and unknown risks, uncertainties and other factors that may cause results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in acquiring and integrating businesses, including Thermo Fluids Inc. and Badlands Power Fuels, LLC; whether certain markets grow as anticipated; and the competitive and regulatory environment. Additional risks and uncertainties are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2012, the Current Report on Form 8-K filed on April 10, 2012, the Current Report on Form 8-K/A filed on February 11, 2013, as well as the Company's other reports filed with the United States Securities and Exchange Commission, including the Company's Proxy Statement filed on October 9, 2012, and are available at as well as the Company's web site at You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. All forward-looking statements are qualified in their entirety by this cautionary statement. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations:
The Piacente Group, Inc.
Brandi Piacente, +1 212-481-2050

KEYWORDS:   United States  North America  Arizona  North Dakota


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