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Follow on Google News | 5 Star SWD, LLC Announces Close of Strategic Fund5 Star SWD, LLC, which owns and operates a growing portfolio of commercial saltwater disposal facilities and oilfield waste processing plants, announces the close of 5 Star Strategic Fund I, LP.
By: 5 Star SWD, LLC “We are thrilled to already be underway with the development of SWD facilities in which Fund I holds ownership interest. We are scheduled to open our first state of the art 5 Star SWD facility, known as 5 Star Fashing SWD, within the next couple of weeks and believe that it will prove to be a great asset to the Fund,” stated Waylan Johnson, President of 5 Star. He further stated, “We feel very fortunate to have secured the Fashing location as it is located in the heart of Eagle Ford Shale and has already been deemed a necessity by numerous oil and gas operators in the area.” 5 Star’s approach to the SWD space has been carefully calculated based on area specific logistics, geology and engineering. Additionally, its management team has been working directly with some of the major players to strategize locations which best suit their needs. 5 Star has signed a consulting agreement with ALL Consulting, LLC for oversight management of all 5 Star facilities. ALL Consulting, LLC is a nationally recognized expert on disposal well design, compliance, operation and facility management. Fund I was a Regulation D offering structured as a limited partnership, formed in the state of Texas, and is currently managed by 5 Star. For further information regarding topics discussed in this article please contact 5 Star SWD, LLC via their Investor Relations Department: (512) 201-1060 or visit www.5StarSWD.com where you can join the 5 Star (corporate) Mailing List and receive up to date information on 5 Star activities, including all 5 Star Press Releases. Emails may be directed to Info@5StarSWD.com Disclaimer: This release/announcement/ CONTACT: 5 Star SWD, LLC Investor Relations (512) 201-1060 info@5starswd.com www.5StarSWD.com SOURCE: 5 Star SWD, LLC End
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