Bakken (BWTX) Subsidiary Nationwide (NPP) Acquires First Multifamily Rental
MINOT, N.D., Feb. 20, 2018 (GLOBE NEWSWIRE) -- Bakken Water Transfer Services Inc. (OTC Pink:BWTX), through its recently acquired subsidiary Nationwide Property Partners, Inc., continues to accelerate its rental property purchases in Genesee County, Michigan. Nationwide has now closed on a total of fifty-six rental properties in Flint, Burton, and surrounding county areas. Nationwide’s most recent acquisition is an eight-unit multifamily building with seven of the eight units already rented. “We are pleased with our progress in Genesee County” stated Craig Dondero, Nationwide’s President. “It’s great to see the properties begin to produce steady rental income each month as we grow our portfolio.”
Bakken Water Transfer Services is also pleased to announce that, through its subsidiary, Dakota Energy Resources Corporation, it recently signed four additional water source agreements in preparation for an active drilling season in the Bakken Shale region of North Dakota where higher oil prices are driving demand for surface water.
About Bakken Water Transfer Services Inc.
Bakken Water Transfer Services, Inc., through its wholly-owned subsidiary Dakota Energy Resources Corporation, is an oilfield service company with operations focused currently in the Bakken Shale Region of North Dakota. The company provides, sells, locates and transports surface water to shale oil producers at affordable prices. Through its other wholly-owned subsidiary, Nationwide Property Partners, Inc., Bakken purchases and rents residential real estate. Bakken Water Transfer Services Inc. common stock trades on the OTC Pink marketplace under the ticker symbol “BWTX.”
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Bakken Water Transfer Services, Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Bakken Water Transfer Services, Inc. undertakes no obligation to revise these statements following the date of this news release.
Contact: Jack Galvin
Phone: 702-904-0475
Email: info@bakkenwatertransfer.com
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