212 Resources is awarded Statewide Order #19854 by the State of North Dakota for the treatment of Produced and Flowback waters from Oil field operations.
212 Resources relocates the corporate office to Houston, Texas.
212 Resources awarded Order Number 19048 by the Industrial Commission of the State of North Dakota allowing for the operation of its Produced and Flowback Water Treatment Systems throughout the State of North Dakota.
Mike Vitek joins 212 Resources as Chief Financial Officer.
212 Resources announces a corporate reorganization and new investments from Element Partners and North Shore Energy, LLC.
212 Resources invited to speak on Water Management at the Global Unconventional Gas Summit in Beijing China.
212 Resources participates in the Techno-economic Assessment of Water Management Solutions report issued by GTI (Gas Technology Institute).
212 Resources announces that it has completed a refinancing of its loan agreement with GE Capital through the placement of a loan with new private equity backed lenders.
212 Resources named as one of the Top 50 Innovative Water Companies by the Artemis Project.
212 Awarded Patent numbers US 7,837,768 B2 and US 7,842,121 B2 with a combined 68 individual claims.
July - October 2010
212 conducts extensive validation testing at its Colorado Facility. The results of this testing were validated by Independent, 3rd party environmental engineering groups.
Stephen E. “Steve” Hester joins 212 Resources as Chief Executive Officer.
MountainWest Capital Network “Deal Flow Award” presented to 212 Resources.
212 Resources Receives First Ever Wyoming Permit Granted for Processed Water to use in Surface Drilling.
212 Resources secures contract to manage flowback and produced water for a large independent E&P near Pinedale, Wyoming.
212 Resources formed as a dba of H2Oil.
Record deliveries, 255 truckloads of tank bottoms for the month and over 12,000 barrels, came to H2Oil’s Texas plant. The plant now receives materials from close to 190 oil producers and 55 trucking companies.
H2Oil completed a funding round and was heralded by PriceWaterhouse Cooper’s “MoneyTree” as the first “non-high tech” company to receive funding from a Silicon Valley venture capital firm.
An industry breakthrough: H2Oil had its recovered oil accepted for direct delivery from its Andrews plant to AlonUSA Refinery in Big Spring, TX.
H2Oil completed the Andrews Plant and commenced operations.
H2Oil created to focus on crude oil recovery from production field tank bottoms and off-spec oil.