Trinity Environmental Services Acquires Oilfield Waste Disposal Platform, Texas and New Mexico
[Click image to enlarge]
Trinity Acquisition, LLC has acquired substantially all assets and operations of CCNG Energy Partners, LP, a diversified oilfield waste disposal company with assets located throughout Texas and New Mexico.
The assets, which were acquired out of CCNG Energy Partners’ Chapter 11 bankruptcy, include 27 saltwater disposal facilities and two non-hazardous E&P waste facilities located primarily in the Permian Basin and Eagle Ford Shale. The company will continue to operate as Trinity Environmental Services, the brand under which these assets have historically operated. Trinity, which is financially backed and wholly owned by funds managed or advised by an affiliate of Guggenheim Partners, holds substantial liquidity and no third-party debt at closing.
“We are excited to grow and enhance this unique platform, and to continue providing high quality service to our customers. We believe that our diverse footprint throughout the country’s most prolific basins and our strong balance sheet will allow for long-term stability and growth,” said Diego Rubio, president of Trinity Environmental Services.
About Trinity Environmental Services
Trinity Environmental Services is diversified oilfield waste disposal company based in Austin, TX. Trinity offers oilfield waste water and E&P waste disposal solutions throughout Texas and New Mexico.
To stop by Trinity Environmental Services’ website, CLICK HERE
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2016 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
