Minot, North Dakota , Sept. 28, 2017 (GLOBE NEWSWIRE) -- (OTC Pink: BWTX) Bakken Water Transfer Services Inc. is pleased to announce it has signed a letter of intent to acquire Nationwide Property Partners Inc. (NPP)
In an effort by Bakken to diversify its asset base into long term growth and sustainable income outside of its core water operations in the oil field services industry, it intends to build a large portfolio of rental income properties in the United States starting with this acquisition. NPP currently owns thirty-seven (37) rental properties in Flint, MI, with 2 more pending in escrow.
Along with private funding, and funds from operations, the company is looking to purchase more houses through traditional search methods, and its lead generating web-site www.nationwidecashforkeys.com.
This acquisition is expected to close within thirty days.
About Bakken Water Transfer Services Inc.
Bakken Water Transfer Services, Inc. is an oilfield service company with operations focused currently in the Bakken Shale Region of North Dakota. The company provides, sells, locates and transports surface water to shale oil producers at affordable prices. Bakken Water Transfer Services Inc. common stock trades on the OTC Pink marketplace under the ticker symbol “BWTX.”
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Bakken Water Transfer Services, Inc. cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Bakken Water Transfer Services, Inc. undertakes no obligation to revise these statements following the date of this news release.