Expedition Secures $100M to Support Ongoing Rockies-Focused Water Midstream Development
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Expedition Water Solutions has expanded its revolving credit facility to $100 million.
The increased facility will fund Expedition’s continued pipeline and facilities growth initiatives to service long-term, contracted customers in the Denver-Julesburg, Green River, and Powder River Basins. The syndicated bank group also includes UMB, First Horizon, and Woodforest.
“We are delighted to continue and grow our relationship with our syndicate group of banks. The increased capital commitment provides us capital flexibility as we expand our pipeline and facilities network in the Rockies alongside the growth of our long-term, contracted producer customers,” said Zachary Neal, chief commercial officer and CFO of Expedition.
About Expedition Water Solutions
Expedition Water Solutions is a provider of waste-water disposal services intended for use in oilfields. The company focuses on minimal operational downtime, speedy turn-around time for customer trucks, helping companies produce oil and gas in an environmentally responsible manner.
To stop by Expedition Water Solutions’ website, CLICK HERE
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