STUART, Fla., Sept. 26, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB: ESPH ), a water engineering, technology licensing and innovative U.S. manufacturing company, today announced that its licensee, Fidelity National Environmental Solutions, LLC (FNES), has been named as a finalist for the Water Management Company of the Year in the Midcontinent Oil and Gas Awards.
The Midcontinent Oil and Gas Awards are a platform for the oil and gas industry to demonstrate and celebrate the advances made in the key areas of environmental stewardship, efficiency, innovation, corporate social responsibility and health & safety. The awards will be announced on Tuesday, October 29, at a gala dinner at the National Cowboy & Western Heritage Museum in Oklahoma City.
"We are honored to be selected as a finalist for the Midcontinent Oil and Gas Awards," said Robbie Cathey, Chief Executive Officer of FNES (formerly Ecosphere Energy Services). "Since 2008, FNES has been treating and recycling flowback and produced waters in the Woodford and Fayetteville shale plays for major companies in the midcontinent. This region is critical to our nation's energy supply and we are proud to contribute to its development by enabling our customers to treat, recycle and reuse billions of gallons of water without the use of harmful chemicals, while also reducing operating costs."
A leading water treatment provider to the energy services sector, FNES has an exclusive field-of-use license for Ecosphere's patented Ozonix® technology for global energy applications including, but not limited to, onshore and offshore oil and natural gas exploration and production, power generation, refineries and coal. FNES currently provides energy exploration companies with mobile wastewater treatment equipment to eliminate harmful chemicals from hydraulic fracturing operations in the United States.
Since 2008, Ecosphere's patented Ozonix® technology has enabled oil and gas customers to treat, recycle and reuse over 3 billion gallons of water on more than 800 oil and natural gas wells in major shale plays around the United States.
About Ecosphere Technologies
Ecosphere Technologies, Inc. (OTCBB: ESPH ) is a water engineering, technology licensing and innovative U.S. manufacturing company that develops environmental water treatment solutions for industrial markets throughout the world. The Company is a leader in emerging advanced oxidation processes and has an extensive portfolio of intellectual property that includes five United States patents for the Ecosphere Ozonix® process. The patented Ecosphere Ozonix® process is a revolutionary advanced oxidation process that is currently being used by customers to reduce costs, increase treatment efficiencies and eliminate harmful chemicals from wastewater treatment operations around the United States. Ozonix® can be used to replace chemicals in a wide variety of industries and applications, including but not limited to agriculture, energy, environmental, food and beverage, industrial, mining, marine, and municipal wastewater treatment.
In 2013, Ecosphere was chosen by Bloomberg as a New Energy Pioneer and selected by IHS CERAWeek as a 2013 Energy Innovation Pioneer. Ecosphere is also a recipient of the 2013 American Technology Award - "Clean Tech/Green Tech" category and the 2012 Frost & Sullivan North American Product Leadership Award in Disinfection Equipment for Shale Oil and Gas Wastewater Treatment. In addition, Ecosphere has been chosen for the Artemis "Top 50 Water Tech" Listing for the last three years.
Since 2008, Fidelity National Environmental Solutions, an Ecosphere licensee, has enabled oil and gas customers to treat, recycle and reuse billions of gallons of water for hundreds of oil and natural gas wells.
For more information, please visit www.EcosphereTech.com .
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Investor Relations: Gary Dvorchak, CFA Senior Vice President ICR, Inc. +1 (310) 954-1123 Press and Media Relations: Brian Ruby Vice President ICR, Inc. +1 (203) 682-8268 Company: Corey McGuire Director of Marketing Ecosphere Technologies, Inc. +1 (772) 287-4846
