Calgary, Alberta, November 15, 2022 – Aureus Energy Services Inc. (“Aureus” or the “Company”), an
industry-leading provider of water management services across North America, is pleased to
announce today that the Company has officially received its commercial license for its Scottsdale
Water Recycle Facility (the “SWRF”). The SWRF is the Company’s state-of-the-art water recycling
facility in Upton County, Texas that enables Aureus to process and recycle third-party water volumes.
The SWRF positions Aureus to offer sustainable environmental solutions for customers seeking safe,
efficient and cost-effective recycling of their produced and frac water in West Texas.
Scottsdale Commercial Water Recycling Facility
The SWRF is ideally situated in the heart of the Midland Basin, which continues to be active for oil and
gas development. Set on an efficient, 50-acre footprint, the SWRF features a throughput capacity of
over 60,000 barrels per day of recycled produced water, with the potential for Aureus to rapidly
double this capacity as demand increases.
“I am proud to confirm that Aureus has commissioned our first commercial water recycling facility in
Upton County, Texas that can provide customers with a safe and innovative way to recycle their
produced water, ultimately turning produced water into an asset.” said Jason Tocheniuk, Aureus’
President and CEO. “This project began when a customer asked us to help solve an issue related to
freshwater shortages in an area that was targeted for aggressive development and Aureus had an
innovative, technology-based solution.”
Sustainable Solutions Drive Improved Customer ESG Performance
The SWRF features Aureus’ Zero Atmosphere enclosed tank water recycling system, which treats and
processes produced and frac water through a clarification process that allows water to be recovered
for reuse in an efficient and environmentally friendly manner. Aureus’ technology is differentiated
from its peers, in that the pressurized vessels are sealed and, in combination with the mechanical
treating process, can handle continuous and intermittent concentrations of H2S safely and
economically. As a result of these innovative technologies, Aureus can deliver the best quality water
that meets or exceeds specifications while passing on cost savings to our customers.
Aureus’ proven and industry-leading technology will reduce waste steam and water handling costs by
up to 50%, while delivering the most environmentally sustainable water recycling solutions. Aureus’
proprietary recycling systems remove solids and emulsified oil from produced water with zero
associated emissions, and can easily be configured to run on lower carbon grid electricity. This allows
customers to realize cost savings, lower emissions, and eliminate the use of fresh water – all of which
help to advance our customers’ ESG goals. Further, Aureus’ web-based Scada system offers access to
automated, real-time monitoring and gives a 24-7 view of fluid throughput volumes, treatment and
recycling data, driving ongoing cost savings and enhanced environmental stewardship for customers.
Learn more about Aureus’ innovative solutions for water recycling through a brief corporate video
available HERE.
President & CEO Relocates to Texas
In order to further support the exciting growth in U.S. operations and the additional exciting initiatives
the Aureus is embarking on, Mr. Tocheniuk has relocated to Texas. His primary focus will be to
enhance Aureus’ business, exposure and presence in the U.S., and to replicate the success the Aureus
team has realized through establishing Aureus’ business in Canada over the past ten years. Mr.
Tocheniuk’s relocation would not have been possible without the depth of our Canadian team and its
continued operational excellence.
ABOUT AUREUS ENERGY INC.
Aureus is a leading provider of water management solutions to the oil and gas industry across North
America. We pride ourselves on providing innovative, technology-based friendly solutions that can
help clients reduce costs, enhance energy efficiencies and limit environmental impact. Aureus’
proprietary water recycling/treating technology along with our unique SCADA technology within the
Heating and Water Transfer business contribute to safe and efficient operations. By implementing
Aureus’ technologies, clients can improve water conservation while reducing manpower
requirements, generate less fuel usage and less waste, and ultimately, minimize their environmental
footprint.
Please visit https://aureusenergy.com/.
For investor and media inquiries, please contact:
Ron Hozjan, CFO
Phone: 403-234-8370
Disclaimer
Certain statements contained in this document constitute forward-looking statements within the meaning of
applicable securities laws. These statements relate to future events or Aureus’ future performance. All
statements contained in this document other than statements of historical fact may be forward-looking
statements. These statements involve known and unknown risks, uncertainties and other factors that may cause
actual results or events to differ materially from those anticipated in such forward-looking statements. Aureus
believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance
can be given that these expectations will prove to be correct and such forward-looking statements included in
this document should not be unduly relied upon by readers, as actual results may vary materially from such
forward-looking statements. These statements speak only as of the date of this document and are expressly
qualified, in their entirety, by this cautionary statement. Some of the risks which could affect future results and
could cause results to differ materially from those expressed in the forward-looking statements include, but are
not limited to, the impact of general economic and market conditions, industry conditions, volatility of
commodity prices, currency fluctuations, environmental risks, competition from other industry participants, the
lack of availability of qualified service providers, personnel or management, the Corporation’s ability to access
sufficient capital from internal and external sources, regulatory changes, the Corporation’s inability to obtain
required consents, permits or approvals and the risk that actual results will vary from the results forecasted and
such variations may be material. The forward-looking statements contained in this document are made as of
the date hereof. Aureus disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by
applicable law. Additionally, Aureus undertakes no obligation to comment on the expectations of, or statements
made by, third parties in respect of the matters discussed above.
The information contained herein has been prepared to assist readers in making their own evaluation of Aureus,
and does not purport to contain all of the information that may be required. The contents herein are not to be
construed as business, legal or tax advice and each reader that receives this press release should consult its own
business, legal and tax advisors to undertake their own investigation and analysis to assure themselves of the
validity of the information provided herein.
This document is for discussion purposes and for exclusive use of those persons to whom it is transmitted by
management or agents of Aureus, and it is not to be reproduced or used, in whole or in part, for any other
purpose whatsoever without the express prior written permission of Aureus. No securities commission or any
regulatory authority has passed on the merits of the securities discussed in, nor has it reviewed, this press
release.