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September 03, 2015 11:19 AM ET

Commercial Services and Supplies

Company Overview of Fountain Quail Water Management LLC

Company Overview

Fountain Quail Water Management LLC provides recycling services for industrial, municipal, and oilfield wastewater. It treats and processes frac flow-back water into distilled freshwater for reuse. The company was founded in 2004 and is based in Roanoke, Texas. As of July 5, 2006, Fountain Quail Water Management LLC operates as a subsidiary of Aqua Pure Ventures Inc.

11578 Airway Boulevard

Suite A

Roanoke, TX 76262

United States

Founded in 2004

Phone:

817-491-8650

Fax:

817-491-8580

Key Executives for Fountain Quail Water Management LLC

Financial Controller
Chief Operating Officer
Compensation as of Fiscal Year 2015.

Fountain Quail Water Management LLC Key Developments

Aqua Pure Ventures Considering Multiple Strategic Alternatives

Aqua Pure Ventures, Inc. (TSXV:AQE) and its wholly owned subsidiary, Fountain Quail Water Management, LLC, have retained the services of Canaccord Genuity Corp. to act as Aqua-Pure's adviser in connection with its exploration of strategic alternatives for the group. Aqua Pure Ventures intends to evaluate a broad range of financial and strategic alternatives, including, but not limited to, seeking additional financing to support the long-term development of its assets, seeking financial and/or industry partners to participate in the development of its assets, selling some of or all of the company's assets or interests in those assets, and the possible sale of the company, among other alternatives.

Fountain Quail Water Management LLC Receives a Contract to Mobilize a ROVER Unit at the Permian Basin Operations

Aqua-Pure Ventures Inc. announced that its wholly owned subsidiary, Fountain Quail Water Management received a contract to mobilize a ROVER unit at the Permian Basin operations of a publicly traded independent natural gas and oil exploration and production company with operations in Texas, Louisiana, Oklahoma, Utah, Wyoming and North Dakota. The company will initially process a minimum of 400,000 barrels after which time the contract may be renewed for up to an additional twelve months and has an option to add additional Rovers. This ROVER deployment marks the company's fourth ROVER unit installation and its second ROVER contract independent from the company's joint venture with Select Energy, FQS Ventures. As a result, 100% of the revenues and profits from this project will accrue to Aqua-Pure. The company expects the fourth ROVER to begin recycling contaminated frack water to clean brine in December 2014.

Fountain Quail Water Management Receives a Contract to Mobilize a Rover Unit at Cimarex Energy's Operations in the Permian Basin

Aqua-Pure Ventures Inc. announced that Fountain Quail Water Management has received a contract to mobilize a ROVER unit at Cimarex Energy's operations in the Permian Basin. Cimarex is a Denver based independent oil and gas exploration and production company with principal operations in the Mid-Continent, Permian Basin and Gulf Coast areas of the U.S. This ROVER deployment marks the Company's third ROVER unit contracted and its first independent one from the Company's joint venture with Select Energy, FQS Ventures.

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