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Greenhunter Water Buys Barging Terminal in Wheeling, Ohio

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March 14 (Bloomberg) -- Greenhunter Energy Inc., a water-resource company focused on oil and natural gas shale formations, agreed to buy a barging terminal in West Virginia for $750,000.

Greenhunter plans to convert the location into a water treatment, recycling and logistics terminal by the third quarter of 2013, the Grapevine, Texas-based company said in a statement today.

The company plans to convert the existing warehouse into a water recycling station with up to 19,000 barrels of water tank storage.

Link to Statement:{NSN MJNG003V280J <GO>}

Link to Company News:{GRH US <Equity> CN <GO>}

To contact the editor responsible for this story: Jessica Resnick-Ault at jresnickault@bloomberg.net

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