Heckmann Acquires Consolidated Petroleum - The Former’s Move to Expand Shale Water Services - Deal Analysis from GlobalData by GlobalData

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									          Heckmann Acquires Consolidated Petroleum - The Former’s
          Move to Expand Shale Water Services - Deal Analysis from
                               GlobalData
      Reference Code: GDGE0308M&A                                                                                                        Publication Date: June 2011


      1      Table of Contents
      1 Table of Contents.................................................................1
       1.1 List of Tables .................................................................1
       1.2 List of Figures ................................................................1
      2 Summary .............................................................................2
       2.1 Deal Overview ...............................................................2
       2.2 Deal in Brief ...................................................................2
       2.3 Heckmann Intends to Expand its Capabilities for Fresh
            Water Sourcing and Delivery, and Strengthen its Value
            Proposition in E&P Water Solutions ..............................2
       2.4 Heckmann is Focused on Expanding its Business
            Through Acquisitions .....................................................3
       2.5 Deal Financials and Valuations .....................................4
         Companies Involved ...........................................................4
         Deal Rationale ....................................................................4
         Detailed Target Information ................................................4
         Detailed Acquirer Information .............................................4
      3 Appendix ..............................................................................4
       3.1 Methodology ..................................................................4
         Coverage ............................................................................4
         Secondary Research ..........................................................5
         Primary Research ...............................................................5
         Expert Panel Validation ......................................................5
       3.2 Contact Us.....................................................................5
       3.3 Disclaimer......................................................................5



      1.1       List of Tables
      Table 1:       Heckmann, Asset Transactions and Acquisition
                     Details, January 2011 – June 2011 ..........................4
      Table 2:       Companies Involved .................................................4
      Table 3:       Target Information ....................................................4
      Table 4:       Acquirer Information .................................................4



      1.2       List of Figures
      Figure 1: HWR, Haynesville Salt and Fresh Water Pipelines,
                May 2011 ..................................................................2
      Figure 2: HWR, Eagle Ford Facilities, May 2011 .....................3
      Figure 3: Heckmann, Marcellus Build-Out in Process, May
                2011 .........................................................................3




                                                                                                                                       GDGE0308M&A / Published JUN 2011
Heckmann Acquires Consolidated Petroleum -                                                                                                                       Page 1
The Former’s Move to Expand Shale Water Services                                                   © GlobalData. This report is a licensed product and is not to be photocopied
                                                                            The shale has multiple drilling zones which have enormous
                                                                            volumes of fresh, flowback and produced water – a significant
      2     Summary                                                         business opportunity for Heckmann. At Haynesville shale, the
                                                                            company has all-inclusive water transportation and a disposal
      2.1    Deal Overview                                                  platform consisting of tanks, trucks, tractors, trailers, a pipeline
      Deal Type:                  Acquisition                               and deep injection disposal wells. The company completed
                                                                            laying a 50-mile water disposal pipeline in the shale in eastern
      Deal Status:                Completed
                                                                            Texas to northern Louisiana, in 2010. Also, the company has
      Completed Date:             June 20, 2011                             increased its disposal capacity significantly by completing three
                                                                            new salt water disposal wells at the end of the pipeline in
      2.2    Deal in Brief                                                  Texas.
      Heckmann Corporation (Heckmann), a water solutions services           The following figure shows HWR’s salt and fresh water
      company, completed the acquisition of Consolidated Petroleum,         pipelines in Haynesville shale.
      Inc. (CPI), water pumping and delivery service provider to the
      oil and gas industry.                                                  Figure 1:     HWR, Haynesville Salt and Fresh Water
                                                                               
								
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