|Primexx Energy Partners Limited
Primexx Operating Corporation was founded in 1960. The company is located in Dallas, Texas. Primexx Energy Partners Limited produces oil and natural gas. Primexx Energy Partners Limited specializes in exploration and in crude petroleum production. The Company acquires and develops ﬁelds which facilitate the production of oil and gas reserves. Primexx Energy Partners Limited serves clients throughout the United States.
Agua Recycling Solutions (ARS) has completed agreements with five significant oil companies as of December of 2018. Primexx Energy Partners Limited adds to our existing MSAs. The following are current Master Service Agreements (MSAs) all with operators that have active drilling schedules in the Permian’s Delaware Basin:
|Admiral Permian Resources, LLC
|BlueStone Natural Resources, LLC
|LUXE Energy LLC
|Admiral Permian Resources, LLC
ABOUT OUR CEO
(Figure 1) Smithsonian Museum of American History - display "America's Huey 091" - exhibit "Americans at War - The Price of Freedom". Pictured: Robert Frost, one of several who had the honor to ﬂy this Vietnam warbird.
Chief Executive Officer, Principal, Frost Rains Holdings, LLC – 3:16 Disposal Systems dba Agua Recycling
Solutions – Great Southwest Regional Center, LLC
Mr. Robert Frost has held key sales and management positions with several nationally known corporations in the financial services, computer, market research, and pharmaceutical industries, such as International Data Corporation and Merck-Medco. He initially developed the original concept of the ERISA medical bill audit review process and has extensive knowledge about ERISA regulations. Robert is often called upon by attorneys involved in ERISA litigation to provide expert testimony about hospital overcharges and inaccuracies in billing. Robert has been recognized as an expert witness in medical bill reviews by multiple courts, both state and federal.
Mr. Frost’s ERISA background and expertise has enabled him to provide consultation as an Investment Advisor within the 401k, 403b and Defined Benefit Plan marketplace. Robert formerly worked with Shearson, Lehman, American Express and Merrill, Lynch, Fenner, and Smith and held series 7 and 63 securities licenses in addition to commodity and Group 1 insurance licenses.
For nine years Mr. Frost has served on the Board of Directors of the West Texas A&M University Foundation and is its past president.
Mr. Frost served one tour of duty as a combat helicopter pilot in the Republic of South Viet Nam where he was decorated with the Bronze Star. Robert currently serves as Chairman Emeritus of the Board of Directors for The Conservatory of the Plains Foundation.
Mr. Frost was awarded an MBA in Business Management from The University of Dallas.
Featured Freedom Fighters News Artcle: “Robert Frost”. Click below for interview with: Joan Hallmark, Reporter at KLTV Dallas.
AGUA RECYCLING SOLUTIONS ENTERS NEW JOINT VENTURE
In December of 2018 Agua Recycling Solutons entered an agreement with one of the largest
freshwater-well drilling companies in The Permian Oil Basin. The joint venture includes the following terms:
Construction at both facilities will begin in early February and should be completed by mid-March.
(Figure 2) Water Well Drilling
AGUA RECYCLING SOLUTIONS OUTLOOK FOR 2019
As the 2019 year begins, the stage is set for Agua Recycling Solutions to have a banner year. This is made possible by ﬁnally reaching the strategic position required for Agua Recycling to execute and deliver on its unique business model, a model that has been in pre-development for over three years. Here are some of Agua’s signiﬁcant accomplishments that have recently taken place:
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1/ AGUA 1 Update
Agua 1 (Barstow) became permited as a recycling facility in mid-2018. Up until that time the facility was in a research and development "pilot" mode. Over 1000 truckloads of produced water were received, processed, recycled and lab tested during the last half of 2018. In the fall of 2018, a freshwater well at Agua 1 was developed and installed with a capacity to produce up to 12,000 barrels per day of freshwater. In Ward County, the market for freshwater is $ .25- $ .50 per barrel. During the 4th quarter of 2018, several mobile units were deployed enabling us to begin oﬀ-site freshwater disinfection and produced water recycling services. Over 5 Master Service Agreements were established with major oil companies and a small amount of revenue from the mobile jobs was generated. The mobile unit revenue is expected to grow rapidly throughout 2019. Agua 1 is currently in the process of applying for a "Salt Water Injection Permit" with The Texas Railroad Commission, that upon approval will allow a saltwater injection hole to be drilled on the property. This application process is a lengthy one that may take an additional 6-9 months for approval. The process was recently revised by the Texas Railroad Commission and now requires an extensive Seismological Review. The current drilling activity for oil and gas within a 10-mile radius of Agua 1, has dramatically increased and the demand outlook for recycling of produced water and for freshwater sales is strengthening (see Figure 3 map of drilling activity). The model going forward for Agua 1 is to: 1. sell freshwater by truck and piping, 2. to recycle piped-in produced water and return the clean water (suitable for fracking) to the drillers and oil operators (also via pipeline) and 3. eventually drill an injection well to enable disposal of the produced water that is not sold for reuse. Notice in the video below that the new freshwater well is depicted at the beginning of the video.
(Figure 3) Red pin dots indicate active drilling locations
2/ AGUA 2 Update
Agua 2 is extremely pleased to announce that we have received our ﬁrst Salt Water Injection Permit and are now authorized to drill a saltwater injection hole! Agua 2 has also entered into a joint venture with a major water well and injection well drilling company to drill ﬁve freshwater wells and build a freshwater pit on our property. Drilling and construction will begin in early February.
3/ AGUA 3 Update
Agua 3 has entered into the Joint Venture for a new freshwater station to be constructed in February – March 2019. Agua 3 is on schedule for receiving a permit (sometime during the ﬁrst quarter 2019) from The Texas Railroad Commission to drill a saltwater injection hole.
4/ AGUA 4 Update
Agua 4 completed drilling and construction of a large commercial freshwater well that has a capacity of 30,000 barrels per day. Freshwater sales will begin in February, selling water to Centennial Oil for drilling of oil wells on one of our partner's property that borders Agua 4 on the south end of our property. Agua 4 is on schedule to receive an approval for a saltwater injection hole permit during the 1st quarter, 2019.
Agua Recycling just completed (December 2018) a 450,000 barrel recycling pilot with Primexx Energy. The purpose of the pilot was to test a new mobile unit technology that uses an electro-oxidation process (See A72 Unit in the video below).
Video (1): https://netorgft3606560-my.sharepoint.com/personal/dallas_aguarecycling_com/_layouts/15/onedrive.aspx?id=%2Fpersonal%2Fdallas_aguarecycling_com%2FDocuments%2FShared%20with%20Everyone%2FGO%20PRO%20VIDEOS%2FPRIMEXX%20NEPTUNE%20SWD%20DRONE%20VIDEOS%2FGH010067%2EMP4&parent=%2Fpersonal%2Fdallas_aguarecycling_com%2FDocuments%2FShared%20with%20Everyone%2FGO%20PRO%20VIDEOS%2FPRIMEXX%20NEPTUNE%20SWD%20DRONE%20VIDEOS&slrid=54f7ba9e-70b6-8000-0729-87270661ee90
(Figure 4) Mobile Unit at Primexx Energy Jobsite
LINKS TO RECENT ARTICLES OF INTEREST:
1) Oil boom in Southern New Mexico ignites groundwater feud with Texas.
2) Why the Permian Basin my become the World’s Most Productive oil ﬁeld.
3) New Mexico oﬃcial says Texas landowners are “stealing” millions of gallons of water.
4) New Mexico oﬃcials consider options to reuse oilﬁeld water.
5) There is still room to run for oil prices.
6) Crude Oil Prices – 70 Year History Chart.
7) IHS: Anadarko Basin emerging as top onshore play outside of Permian.
L-1 intra-company transferees are foreign workers who (1) have been employed outside the U.S. by an affiliate, subsidiary, branch or parent of a U.S.