American Energy Partners (XFUL) Leverages Industri
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- Environmental and energy services are creating value and driving growth
- The company is further seeking to increase sales and contracts, grow its staff, and attract capital
- XFUL and three subsidiaries (HCPA, Gilbert, AES) are working together to serve a vast market
Serving oil and gas customers, pipeline customers, and other industrial clients, Converde Energy USA (OTC: XFUL), d/b/a American Energy Partners, and its partners possess a high level of technical expertise that puts the company at a distinct advantage. It provides solutions that can meet the needs of markets that require both energy production and water sourcing, treatment, and supply. Together with its three subsidiaries, XFUL is catering to industries that are reliant on hydraulic fracturing, in which the typical well uses 4.4 million gallons of water. Water is provided from rivers, public utilities, and from recycling and treatment facilities, but the conglomerate is now serving the Marcellus and Utica regions of Pennsylvania and Ohio, where thousands of locations have yet to be drilled.
The company’s partners present a triple-threat to competitors and a boon for investors in the region’s large and growing industrial sector. Hydration Company of PA (HCPA) is an expert in hydrological studies. It has located the largest non-potable water sources in the region, while its negotiation expertise allows it to gain access to these sources from their owners. Conducting its own studies in the hydrological and engineering circuit, it can then obtain permits and install the appropriate filtration. Lastly, HCPA can distribute water sources via its turn-key platform, leveraging the technologies of American Energy Solutions (AES), another subsidiary of American Energy Partners.
Thanks to AES, industrial customers can receive low cost water treatment and distribution. The subsidiary can also manage waste streams such as coal ash, flowback and produced waters, and remediate a range of other industrial processes. Gilbert Oil & Gas, LLC, is a premier well producer and a leader in acquiring land through mineral rights.
Together, this triple-play offers a valuable asset to regional industries, and to investors. It also helps that American Energy Partners is publicly traded and has strategic alliances that can leverage technology and experience. The company’s growth is being fueled by a plan that includes business development, encompassing activities such as water sampling, flow rate confirmation, site layout, and contract finalization. It also has a robust sales forecast and a plan to add personnel as needed. The help of engineers, hydrologists, executives, quality control teams, and salespeople is anticipated for the near future.
Ultimately, the company is looking to raise $20 million in debt and equity offerings to be used toward consulting services, salaries, legal needs, operating costs, working capital, and business development. The demand for water and fuel is likely to increase in multiple industries in the region. Plus, the competition for water given the high rate of industrial activity is opening the door to potential new opportunities.
For more information, visit the company’s website at www.AmericanEnergy-Inc.com
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